Compute the 2021 tax liability and the marginal and average tax rates for the following taxpayers.

Compute the 2021 tax liability and the marginal and average tax rates for the following taxpayers. Click here to access the 2021 tax rate schedule. If required, round the tax liability to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage (i.e. .67073 would be rounded to .6707 and entered as 67.07%). a. Chandler, who files as a single taxpayer, has taxable income of $144,400. Tax liability: Marginal rate: % Average rate: % b. Lazare, who files as a head of household, has taxable income of $70,200. Tax liability: Marginal rate: % Average rate: % 2021 Tax Rate Schedules Head of householdSchedule Z of the If taxable amount income is: But not over- Over- over- The tax is: Single-Schedule X If taxable income is: But not Over- over- of the amount over- The tax is: $ 0 $ 9,950 ....... 10% $ 0 $ 0 14,200 54,200 86,350 $ 0 $ 14,200 10% 14,200 54,200 $ 1,420.00 + 12% 54,200 86,350 6,220.00 + 22% 86,350 164,900 13,293.00 + 24% 164,900 209,400 32,145.00 + 32% 209,400 523,600 46,385.00 + 35% 523,600 156,355.00 + 37% Married filing separatelySchedule Y-2 164,900 9,950 40,525 $ 995.00 + 12% 9,950 40,525 86,375 4,664.00 + 22% 40,525 86,375 164,925 14,751.00 + 24% 86,375 164,925 209,425 33,603.00 + 32% 164,925 209,425 523,600 47,843.00 + 35% 209,425 523,600 157,804.25 + 37% 523,600 Married filing jointly or Qualifying widow(er)- Schedule Y-1 If taxable of the income is: But not amount Over- over- The tax is: over- 209,400 523,600 If taxable income is: Over- But not of the amount over- over- The tax is: $ 0 $ 19,900 ......... 10% $ 0 $ 0 $ 9,950 ......... 10% $ 0 19,900 $ 1,990.00 + 12% 19,900 9,950 40,525 $ 995.00 + 12% 9,950 81,050 172,750 81,050 9,328.00 + 22% 81,050 40,525 86,375 4,664.00 + 22% 40,525 29,502.00 + 24% 86,375 172,750 329,850 418,850 329,850 418,850 628,300 164,925 67,206.00 + 32% 95,686.00 + 35% 168,993.50 + 37% 172,750 329,850 418,850 628,300 164,925 209,425 314,150 14,751.00 + 24% 33,603.00 + 32% 47,843.00 + 35% 84,496.75 + 37% 86,375 164,925 209,425 314,150 209,425 628,300 314,150