Consider the following tax schedule for the year 2023: 10% $0 to $11,000. 10% of taxable income. 12% $11,001 to $44,725. $1,100 plus 12% of the amount over $11,000. 22% $44,726 to $95,375. $5,147 plus 22% of the amount over $44,725. 24% $95,376 to $182,100. $16,290 plus 24% of the amount over $95,375. 32% $182,101 to $231,250. $37,104 plus 32% of the amount over $182,100. 35% $231,251 to $578,125. $52,832 plus 35% of the amount over $231,250. 37% $578,126 or more. $174,238.25 plus 37% of the amount over $578,125. Suppose your taxable income in 2023 is $78563. How much will you owe in taxes? State your answer as a number rounded to two decimal points (e.g. if your answer is $5,678.784, write 5678.78)