Country A levies an individual income tax with the following rate structure: Percentage Rate 10% 15 25 30 Bracket Income from O to $20,000 Income from $20,001 to $75,000 Income from $75,001 to $160,000 Income in excess of $160,000 a. Mr. LV's taxable income is $62,000. Compute his tax and average tax rate. What is Mr. LV's marginal tax rate? b. Ms. JC's taxable income is $327,200. Compute her tax and average tax rate. What is Ms. JC's marginal tax rate