Manny, a single taxpayer, earns $68,800 per year in taxable income and an additional $12,380 per year in city of Boston bonds. If Manny earns an additional $39,000 in taxable income in 2021, what is his marginal tax rate on this income? (Use tax rate schedule.) (Round your final answer to two decimal places.) Multiple Choice 17.73 percent 22.00 percent 23.10 percent 24.00 percent None of the choices are correct. 2021 Tax Rate Schedules The tax is: Individuals Schedule X-Single If taxable income is over: $ 0 $ 9,950 $ 40,525 $ 86,375 $164,925 $ 209,425 But not over: $ 9,950 $ 40,525 $ 86,375 $ 164,925 $ 209,425 $ 523,600 10% of taxable income $995 plus 12% of the excess over $9,950 $4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $157,804.25 plus 37% of the excess over $523,600 $ 523,600