Leonardo, who is married but files separately, earns $$80,000$ of taxable income. He also has $$15,000$ in city of Tulsa bonds. His wife, Theresa, earns $$50,000$ of taxable income.

If Leonardo and his wife are married filing jointly in $2023,$ what is Leonardo and Theresa's effective tax rate for $2023?($Use tax rate schedule.$)$

Note: Round your final answer to two decimal places.

Multiple Choice

$1200$ percent

$16\mathrm{.}96$ percent

$19\mathrm{.}26$ percent

$2200$ percent

None of the choices are correct