Government G levies an income tax with the following rate structure: Percentage Rate 6% 10 20 28 Taxpayer O earns $50,000 annually during years 1 through 10. Taxpayer P earns $20,000 annually during year $80,000 annually during years 6 through 10. Assume the tax rate bracket has not changed. Bracket Income from -0 to $30,000 Income from $30,001 to $70,000 Income from $70,001 to $200,000 Income in excess of $200,000 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. Note: Round your answers to 1 decimal place. Taxpayer O Taxpayer P Average Tax Rate % I% Required A Required B

Government G levies an income tax with the following rate structure: Taxpayer O earns $50,000 annually during years 1 through 10 . Taxpayer P earns $20,000 annually during yea $80,000 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. Compute each taxpayer's average tax rate for the 10-year period. Note: Round your answers to 1 decimal place