Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bonds. (Use the U.S. tax rate schedule.) Required: a. How much federal tax will she owe? b. What is her average tax rate? c. What is her effective tax rate? d. What is her current marginal tax rate? Answer is not complete. Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D How much federal tax will she owe? (Do not round intermediate calculations. Round "Federal tax" to the nearest dollar.) Federal tax $ 114,795 Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D What is her average tax rate? (Do not round intermediate calculations. Round total tax to the nearest dollar.) Choose Numerator Total tax Choose Denominator Taxable income Average Tax Rate 0 Answer is not complete. Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D What is her effective tax rate? (Do not round intermediate calculations. Round total tax to the nearest dollar.) Choose Numerator Total tax Choose Denominator = Effective Tax Total income = Rate Individuals Schedule X-Single If taxable income is over: But not over: $ 0 $ 9,950 $ 40,525 $ 86,375 $ 164,925 $ 209,425 $ 523,600 $ 9,950 $ 40,525 $ 86,375 $164,925 $209,425 $ 523,600 - The tax is: 10% of taxable income $995 plus 12% of the excess over $9,950 $4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: $ 0 $ 19,900 $ 81,050 $ 172,750 $ 329,850 $ 418,850 $ 19,900 $ 81,050 $172,750 $ 329,850 $418,850 $628,300 $ 628,300 - The tax is: 10% of taxable income $1,990 plus 12% of the excess over $19,900 $9,328 plus 22% of the excess over $81,050 $29,502 plus 24% of the excess over $172,750 $67,206 plus 32% of the excess over $329,850 $95,686 plus 35% of the excess over $418,850 $168,993.50 plus 37% of the excess over $628,300 Schedule Z-Head of Household If taxable income is over: But not over: $ 0 $ 14,200 $ 54,200 $ 86,350 $ 14,200 $ 54,200 $ 86,350 $164,900 $209,400 $ 164,900 $ 209,400 $ 523,600 $ 523,600 The tax is: 10% of taxable income $1,420 plus 12% of the excess over $14,200 $6,220 plus 22% of the excess over $54,200 $13,293 plus 24% of the excess over $86,350 $32,145 plus 32% of the excess over $164,900 $46,385 plus 35% of the excess over $209,400 $156,355 plus 37% of the excess over $523,600 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 9,950 $ 40,525 $ 0 $ 9,950 $ 40,525 $ 86,375 $ 164,925 $ 209,425 $314,150 $314,150 $ 86,375 $164,925 $209,425 The tax is: 10% of taxable income $995 plus 12% of the excess over $ 9,950 $4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $84,496.75 plus 37% of the excess over $314,150