Consider the following new hypothetical tax code: The standard deduction and personal exemption still apply. the tax rate on the first $115,000 of taxable income is 15% and the tax rate on any additional income is 41% For which of the following ranges of total income is the tax bill higher under the Real Tax Code (for tax year 2020) than the hypothetical tax code? O From $82,829.02 to $200,088.45 O From $72,542.86 to $153,455.88 O From $89,647.52 to $176,559.46 O The tax bill is always higher under the Real Tax Code. Question 4 1 pts Under the Real Tax Code (for tax year 2020), if you plotted the graph of the amount of tax paid as a function of total income, what would be the slope of the graph at the point where total income is $93,925 a year? CO 0.1 O 0.12 0.22 O 0.24