Marginal tax rates are shown in the chart

Use the 2012 marginal tax rates to compute the tax owed by the following person. a single male, no dependents. Gross income: exist86,000 Deductions: exist28,000 mortgage interest exist4252 property taxes exist1000 charitable contributions Adjustments: exist2000 Tax credit: none The income tax owed is (Round to two decimal places as necessary.) Use the 2012 marginal tax rates to compute the tax owed by the following person. a single male, no dependents. Gross income: exist86,000 Deductions: exist28,000 mortgage interest exist4252 property taxes exist1000 charitable contributions Adjustments: exist2000 Tax credit: none The income tax owed is (Round to two decimal places as necessary.)