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eBook Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant

eBook
Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information:
She received $90,000 in salary.
She received $11,500 of dividend income.
She received $3,800 of interest income on Home Depot bonds
She received $23,500 from the sale of Disney stock that was purchased 2 years prior to the sale at a cost of $8,100.
She received $14,000 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $5,700.
income.
Assume that her tax rates are based on Table 3.5.
a. What is Mary's federal tax liability? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest cent.
$
b. What is her marginal tax rate? Do not round intermediate calculations. Round your answer to one decimal place.
%
c. What is her average tax rate? Do not round intermediate calculations. Round your answer to two decimal places.
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