Eva received $55,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $7,000 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these expenses. Eva is single and she deducts a standard deduction of $12,000. Based on these facts answer the following questions:

d. Assume that Eva is considered to be a self-employed contractor. What is her regular tax liability for the year? (Round your intermediate computations to the nearest whole dollar amount and round your final answer to 2 decimal places.)

2018 Tax Rate Schedules Schedule X Single Schedale Z Head of Househeld If taxable income is over: But not over: The tax is If taxable income is over: The tax B: 9.525 S38,700 82,500 $157,500 10%ofunable ecome 9952.50 phs 12% oftheemess onr$9,525 $4453.50 plus 22% of the excess over S38.700 $14069.50 plus 24% of the "ce4s over $82,500 $32,009.50 plus 32% of the excess over $157,500 $45.609.50 plus 35% of the excess over $200,000 $150,689.50 plus 37% at themass over $500,000 But not over: S 13,600 $51,800 $ 82,500 $157 500 $ 9.525 $ 38,700 5 82.500 $157 500 5200,000 13,600 31,800 $ 82.500 $157.500 $200,000 0% of taxable income $1,360 pla; 12% of the excess over $13,000 55.944 plus 22% ofthe excess over S51.800 $12,696 plas 24% of the stress over $82,500 30,696 plas 32% of the excess over $157,500 $44,298 plas 35% of the excess over $200,000 $149.296 pla 37% of the amass over $500,000 $500,000 $500,000 Schedule Y-1-Married Filing Jointly or Qualitying Widow(er) Schedule Y-2-Married Filing Separately If taxable income s over: The tax i The tax s: But not oner: 19.050 $ 77.400 If tatable income is over: 19,050 5 77.400 $165,000 $315,000 $400,000 $600,000 10% of truble income $1905 plus 12% of the etoess over $19,050 ss,907 plus 22% of the exeess over $77,400 $28,179 plus 24% of the mess over $165,000 SS4.1 79 plus 32% of the encess over $315,000 $91,579 plus 35% of the emess over $400,000 $161,579 pb" 37% of th ocess over S600.000 But not over 9.525 38,700 S 82,500 $157,500 $200,000 10% of trable insome $952.50 plus 12% of the excess over $9,525 $4.453.50 plus 22% of the ence" over $38,700 $ 140G9.50 plus 24% of the exoet over $12500 32,089.50 plus 32% of the eness over $157,500 $45.689.50 plus 35% of the peas over $200,000 So,609.50 plus 37% of the excess over $300,000 $ 9.525 5 38,700 $ 82,500 $157,500 $315,000 $400,000 $300,000