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Cameron is single and has taxable income of $93,341. Determine his tax liability using the tax tables and using the tax rate schedules. (Round your

Cameron is single and has taxable income of $93,341. Determine his tax liability using the tax tables and using the tax rate schedules. (Round your intermediate computations and final answers to 2 decimal places.)

tax rate schedule If taxable income is over: But not over: The tax is: $0 $9,525 10% of taxable income $9,525 $38,700 $952.50 plus 12% of the excess over $9,525 $38,700 $82,500 $4,453.50 plus 22% of the excess over $38,700 $82,500 $157,500 $14,089.50 plus 24% of the excess over $82,500 $157,500 $200,000 $32,089.50 plus 32% of the excess over $157,500 $200,000 $500,000 $45,689.50 plus 35% of the excess over $200,000 $500,000 $150,689.50 plus 37% of the excess over $500,000

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