In the year 2016, Ethan was single and had a total income of $87,000. He took a deduction of $9,000 and had a tax credit of $1,500. Calculate the tax owed by Ethan. (Refer to the 2016 Tax Table for Singles for tax rates.)

2016 Tax Table for Singles Of the excess over $0 If Taxable Income The Tax is Is over But not over This amount Plus this % Schedule XUse if your filing status is Single $0 $9275 10 % 9276 37,650 $927.50 15 % 37,651 91,150 5183.75 25 % 91,151 190,150 18,558.75 28 % 190,151 413,350 46,278.75 33% 413,351 415,050 119,934.75 35 % 415,051 120,529.75 39.6 % 9275 37,650 91,150 190,150 413,350 415,050