Exercise $3-23($Algorithmic$)($LO$.6)$

Compute the $2023$ tax liability and the marginal and average tax rates for the following taxpayers.

Click here to access the $2023$ tax rate schedule. If required, round the tax Ilability to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage $($l$.$e$.,.67073$ would be rounded to $6707$ and entered as $67\mathrm{.}07\%.$

a$.$ Chandler, who files as a single taxpayer, has taxable income of $$157,600.$

Tax liability:

$

Marginal rate:

Average rate: $\%$

b$.$ Lazare, who files as a head of household, has taxable income of $$72,000.$

Tax liability:

$

Marginal rate:

Average rate:

$\%$