Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information:

• She received $93,000 in salary.
• She received $17,000 of dividend income.
• She received $7,300 of interest income on Home Depot bonds.
• She received $21,000 from the sale of Disney stock that was purchased 2 years prior to the sale at a cost of $5,600.
• She received $8,000 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $5,000.
• Mary receives one exemption ($4,000), and she has allowable itemized deductions of $7,500. These amounts will be deducted from her gross income to determine her taxable income.
• Assume that her tax rates are based onTable 3.5. The data has been collected in the Microsoft Excel Online file below

Table 3.5 2015 Individual Tax Rates Single Individuals You Pay This Plus This Percentage Average Tax If Your Taxable Amount on the on the Excess over the Rate at Income Is Base of the Bracket Base (Marginal Rate) Top of Bracket Up to $9,225 0 10.0% 10.0% $9,225-$37.450 922.50 15.0 13.8 $37.450-$90,750 5,156.25 25.0 20.4 590,750-$189,750 18.481.25 28.0 24.3 $189,750-$411.500 46,075.25 33.0 29.0 $411,500-$$413,200 119,401.25 35.0 29.0 Over $413,200 119,996.25 39.6 39.6 Married Couples Filing Joint Returns You Pay This Plus This Percentage Average Tax If Your Taxable Amount on the on the Excess over the Rate at Income Is Base of the Bracket Base (Marginal Rate) Top of Bracket Up to $18,450 0 10.0% 10.0% $18.450-$74,900 1,845.00 15.0 13.8 $74.900-$151,200 10,312.50 25.0 19.4 $151.200-$230,450 29,387.50 28.0 22.4 $230,450-$411,500 51,577.50 33.0 27.1 $411,500-$464,850 111,324.00 35.0 28.0 Over $464.850 129,996.50 39.6 39.6Table 3.5 2015 Individual Tax Rates Single Individuals You Pay This Plus This Percentage Average Tax If Your Taxable Amount on the on the Excess over the Rate at Income Is Base of the Bracket Base (Marginal Rate) Top of Bracket Up to $9,225 0 10.0% 10.0% $9,225-$37.450 922.50 15.0 13.8 $37.450-$90,750 5,156.25 25.0 20.4 590,750-$189,750 18.481.25 28.0 24.3 $189,750-$411.500 46,075.25 33.0 29.0 $411,500-$$413,200 119,401.25 35.0 29.0 Over $413,200 119,996.25 39.6 39.6 Married Couples Filing Joint Returns You Pay This Plus This Percentage Average Tax If Your Taxable Amount on the on the Excess over the Rate at Income Is Base of the Bracket Base (Marginal Rate) Top of Bracket Up to $18,450 0 10.0% 10.0% $18.450-$74,900 1,845.00 15.0 13.8 $74.900-$151,200 10,312.50 25.0 19.4 $151.200-$230,450 29,387.50 28.0 22.4 $230,450-$411,500 51,577.50 33.0 27.1 $411,500-$464,850 111,324.00 35.0 28.0 Over $464.850 129,996.50 39.6 39.6