In a certain population, if a single person's income is between $40,000 and $99,000, then the person owes $8125.25 plus 32% of any taxable income over $40,000. The formula giving tax owed 'T as a function of the taxable income I over $40,000 is given by OT 32 1+8125.25 O1-8125.25 T +40,000 01-32 T+8125.25 OT-7.26 1+4000 O None of the other answers are correct. 01-0.32 T+8125.25 OT 0.32 1+8125.25