In 2020, Arthur, age 12, has interest income of $7,740 on funds he inherited from his grandfather, and no earned income. He has no investment expenses. His parents have taxable income of $82,250 and file a joint return. Assume that no parental election is made.

If required, round the tax computations to the nearest dollar. 2020 Tax rate schedule is listed below:

Arthur's net unearned income is	$_________
Arthur's allocable parental tax is	$_________
Arthur's total tax is	$_________

Single-Schedule X If taxable income is: But not Over- over- of the amount over- The tax is: $ 0 .........10% ......... 10% $ 0 $ 9,875 40,125 2020 Tax Rate Schedules Head of household-Schedule Z of the If taxable amount income is: But not over- Over- over- The tax is: $ 0 $ 0 $ 14,100 9,875 14,100 53,700 $ 1,410.00 + 12% 40,125 53,700 85,500 6,162.00 + 22% 85,525 85,500 163,300 13,158.00 + 24% 163,300 163,300 207,350 31,830.00 + 32% 207,350 207,350 518,400 45,926.00 + 35% 518,400 518,400 154,793.50 + 37% $ 987.50 + 12% 9,875 40,125 85,525 14,100 53,700 4,617.50 + 22% 85,525 163,300 85,500 163,300 207,350 518,400 207,350 518,400 14,605.50 + 24% 33,271.50 + 32% 47,367.50 + 35% 163,300 207,350 156,235.00 + 37% 518,400 Married filing separatelySchedule Y-2 of the Married filing jointly or Qualifying widow(er) - Schedule Y-1 If taxable of the income is: But not amount Over- over- The tax is: over- $ 0 $ 19,750 $ 0 amount If taxable income is: Over- $ 0 But not over- The tax is: over- .........10% $ 9,875 .........10% $ 0 19,750 80,250 $ 1,975.00 + 12% 9,875 40,125 $ 987.50 + 12% 9,875 19,750 80,250 80,250 171,050 4,617.50 + 22% 40,125 9,235.00 + 22% 29,211.00 + 24% 40,125 85,525 85,525 163,300 171,050 326,600 171,050 14,605.50 + 24% 85,525 326,600 33,271.50 + 32% 326,600 414,700 414,700 622,050 66,543.00 + 32% 94,735.00 + 35% 167,307.50 + 37% 163,300 207,350 207,350 311,025 414,700 47,367.50 + 35% 163,300 207,350 311,025 622,050 622,050 311,025 83,653.75 + 37%