During 2019, Emily (age B) received $7450 from a corporate bond. She also received $790 from a savings account established for her by her parents. Emily lives with her parents and she is their dependent. What is Emily's gross tax liability? (Use the Estates and trusts and tax rate schedules Multiple Choice 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 S 39,4755970 plus 12% of the excess over $9.700 $ 39.475 S 84,200 $4,543 plus 22% of the excess over $39.475 $ 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628.50 plus 35% of the excess over $204,105 $510,300 - $153,798 50 plus 37% of the excess over $510,300 Schedule Y.1. Married Filing Jointly or Qualifying Widower) If taxable income is over: But not over: The tax is: 0 $ 19,400 10% of taxable income $ 19,400 $ 78,950 $1,940 plus 12% of the excess over $19,400 $ 78,950 $168.400 $9,086 plus 22% of the excess over $78,950 $168.400 $321,450 $28,765 plus 24% of the excess over $168.400 $321.450 $408,200 $65,497 plus 32% of the excess over $321,450 $408,200 $612,350 $93.257 plus 35% of the excess over $408,200 $612,350 $164,709.50 plus 37% of the excess over $612. Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income $ 13,850 $ 52,850 $1,385 plus 12% of the excess over $13.850 $ 52,850 $ 84,200 $6,065 plus 22% of the excess over $52.850 $ 84,200 $160,700 $12.962 plus 24% of the excess over $84200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45,210 plus 35% of the excess over $204,100 $510,300 - $152,380 plus 37% of the excess over $510,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over $9,700 $ 39,475 $ 84,200 $4,543 plus 22% of the excess over $39,475 $ 84.200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748 50 plus 32% of the excess over $160,725 $204,100 $306,175 $46.628.50 plus 35% of the excess over $204,100 $306.175 $82,354.75 plus 37% of the excess over $306,175 Estates and Trusts If taxable income is over: $ 0 $ 2,600 $ 9,300 $12,750 But not over: $ 2,600 $ 9,300 $12,750 The tax is: 10% of taxable income $260 plus 24% of the excess over $2,600 $1,868 plus 35% of the excess over $9,300 $3,075,50 plus 37% of the excess over $12,750