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I need help with the federal income tax payable, average tax rate, and marginal tax rate. Please show all work i need to understand this

image text in transcribedI need help with the federal income tax payable, average tax rate, and marginal tax rate. Please show all work i need to understand this for my test thank you

PI:1-40 (book/static) Question Help Review the list of taxable income amounts below: (Click the icon to view the taxable incorre amounts.) (Click the icon to view the tax rate schedule.) Read the requirements a. Taxable income of $30,000. (Do not round Intermediary calculations. Only round the amount you input in the federal income tax payable cell to the nearest cent, $X.XX. Round all tax rates to the nearest hundredth percent, X.XX%.) Income amounts Reference Federal income tax payable Average tax rate Marginal tax rate Scenario a. 3593 12 % 15% a. Taxable income of $30,000. b. Taxable income of $100,000, c. Taxable income of $375,000. d. Taxable income of $700,000. Married, Filing Joint and Surviving Spouse If taxable income is: The tax is: Not over $19,750.................. 10% of taxable income. Over $19,750 but not over $80,250... $1,975.00 + 12% of the excess over $19,750. Over $80,250 but not over $171,050.. $9,235.00 +22% of the excess over $80,250. Over $171,050 but not over $326,600. $29,211.00 +24% of the excess over $171,050. Over $326,600 but not over $414,700.$68,543.00 + 32% of the excess over $328,600. Over $414,700 but not over $622,050. $94.735.00 + 35% of the excess over $414,700 Over $622,050. $167,307.50 + 37% of the excess over $622,050. Print Done Enter any number in the edit fields and then click Check Answer. Print Done

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