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For each of these dependents, calculate the income tax on their taxable income. The parents' marginal tax rate is 24% and the dependents' is 10%

For each of these dependents, calculate the income tax on their taxable income. The parents' marginal tax rate is 24% and the dependents' is 10% in each part.

If an amount is zero, enter "0". Round percent calculations to one decimal place. Round intermediate computations and final answer to the nearest dollar.

a. Louis is 12 and receives $1,250 in interest income. $
b. Jackson is 16. He earns $2,050 from his newspaper route and receives $700 in dividends on GCM stock. $
c. Loretta is 18 and a full time student. She earns $5,000 as a lifeguard during the summer. In addition, Loretta wins a rescue contest and receives a municipal bond worth $600. During the year, the bond pays $20 in interest. $
d. Eva is 15. Her income consists of municipal bond interest of $750, stock dividend income of $1,400, and interest credited to her savings account of $900. $
e. Elaine is a college student. Her only income consists of $3,000 from her part-time job delivering pizzas. Her itemized deductions total $400. $
f. Greg is 2. He has certificates of deposit given to him by his grandparents that pay $2,500 in interest.

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