Lisa, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Sona bonds. (Use the U.S tax schedule attached below).

Required:

1. How much federal tax will she owe? (Note: Do not round intermediate calculations. Round "Federal tax" to nearest whole dollar amount.)
2. What is her average tax rate?

1. What is her effective tax rate?

1. What is her current marginal tax rate (in %)?

\begin{tabular}{l|l|l|l|} Choose Numerator & Choose Denominator & = & \\ \hline & & = & Average Tax Rate \\ \hline & & = & \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Choose Numerator & Choose Denominator & = & \\ \hline & & = & Effective Tax Rate \\ \hline & & = & \\ \hline \end{tabular}