HW\#2 on Module 3 Topics: Taxes and Financial Services Solve the following problems and answer related questions. Show steps clearly. 1. Assume the following income tax table. The O'Brien Familv has the following income items: The standard deduction for the year is $24,000 and itemized deductions for the family is $22,500. a) Determine taxable income for the O'Brien Family b) Calculate the tax c) What is their average tax rate? d) What is their marginal tax rate