In 2020, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half of her own support. Her parents are in the 12% marginal tax bracket. Sheryl's income tax rate is 10%. What is Sheryl's tax liability if Sheryl received $5,000 of interest income this year from corporate bonds. This is her only source of income. She is 16 years old at year-end. Note: apply the current kiddie tax rules (as covered in the video lecture on kiddie tax)