During 2015, the Smiths filed joint tax retums. Their taxable income was $87,000. Using the federal tax rates given in Table 1.2 for married couples filing joint returns, calculate the taxes for the Smiths TABLE 1.2: Tax Rates and Income Brackets for Joint Returns (2015) Taxable Income Tax Rates Joint Returns 10% $0 to $18,150 $18,151 to $73,800 15% $73,801 to $148,850 25% $148,851 to $226.850 28% 33% $226.851 to $405.100 $405,101 to $457,600 35% Using the federal tax rates given in Table 1.2 for married couples filing joint retums, the taxes for the Smiths is (Round to the nearest cent.) Over $457,600 39.6%