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. . . Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has shed the

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. . . Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has shed the following event information She received $122.000 in salary She received $13.500 of dividend income She received 33.400 of interest income on Home Depot bonds She received $25.000 from the sale of Disney stock that was purchased 2 years prior to the sale at a cost of 35.400 She received $9,500 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $6.200 Mary receives one exemption (54,000), and she has allowable emise deduction of $7.500. The amounts will be deducted from grunto de Assume that her tax rates are based on Table 2.3. The data has been collected in the Microsoft Excel Online Me below. Open the readehest and perform the . Open spreadsheet a. What is Mary's federal tax liability Round your answer to the nearest cont. Do not round intermediate calculation 5 b. What is her marginal tax rate? Round your answer to 1 decimal place. c. What is her average tax rate? Round your answer to 2 decimal places. Which of the following is part of the objective of investing in temporary investments? Receive dividends. Earn interest revenue. Realize gains from increases in the market price of the securities. All of the above

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