Government G levies an income tax with the following rate structure: Percentage Rate 6% 10 Bracket Income from -6- to $30,000 Income from $30,001 to $70,000 Income from $70,001 to $200,000 Income in excess of $200,000 20 28 Taxpayer O earns $56,500 annually during years 1 through 10. Taxpayer P earns $20,500 annually during years 1 through 5 and $92,500 annually during years 6 through 10. Assume the tax rate bracket has not changed. Required: a. How much total income does each taxpayer earn over the 10-year period? b. Compute each taxpayer's average tax rate for the 10-year period. Complete this question by entering your answers in the tabs below. Required A Required B How much total income does each taxpayer earn over the 10-year period? Total Income Taxpayer 0 Taxpayer P Government G levies an income tax with the following rate structure: Percentage Rate 10 Bracket Income from -2- to $30,000 Income from $30,001 to $70,000 Income from $70,001 to $200,000 Income in excess of $200,000 20 28 Taxpayer O earns $56,500 annually during years 1 through 10. Taxpayer P earns $20,500 annually during years 1 through 5 and $92,500 annually during years 6 through 10. Assume the tax rate bracket has not changed. Required: a. How much total income does each taxpayer earn over the 10-year period? b. Compute each taxpayer's average tax rate for the 10-year period. Complete this question by entering your answers in the tabs below. Required A Required B Compute each taxpayer's average tax rate for the 10-year period. (Round your answers to 1 decimal place.) Taxpayer 0 Taxpayer P Average Tax Rate % %