Math 110 Mathematical Investigations in sainiemailIA :S. ohsdso2 Final Project Part 2. Application of Concepts - 60 points M sloos9 Name : Liam Homenstein In this problem set, you will have the opportunity to apply some of the concepts learned in previous modules this semester in the context of the election/contest scenarios that follows. This problem set constitutes Part 2 of your Final Project. Note that to earn full credit for a correctly answered problem, detailed explanations and accurate work must be included. Scenario 1: The year is 2030. Maria Alonso and Riley Campbell are running for Governor of Colorado. A key topic this year is state tax reform. (efg a) at bondimmos ev vets work bre aldi voslist andw nistque eved vard il bris don no Campbell wants to maintain Colorado's current tax system (in which a person is issued a flat tax of 4.4% on their taxable income). . Alonso hopes to increase tax revenue to help fund animal rescue shelters across the state by instating a progressive tax modeled after the federal government's system according to the following tax brackets: bernsig whoism 1691 6 219jov vis Alonso's Proposed Tax Bracket Rate Taxable Income 1.5% Up to $15,000 difference 3% $15,001 - $27,000 7% $27,001 - $108,000 14% $108,001 and over 1 . Suppose that Ashley, an average Coloradoan, makes $72,000 a year and, being single, will take a standard deduction of $13,850. (5 pts) a) How much would Ashley pay in Colorado state taxes under Alonso's system? Show the details of your calculation. 58, 1 50 1.5 90 x 15 / 00 1 5 ,ovo Jons bes 340 x 119 99 4 3150 - 1 1 9 99 7 % X 31 , 151 3 1,151 b) How much would Ashley pay in Colorado state taxes under Campbell's system? Show the details o your calculation. Poles lost idealisma add at eff sebsood ww blucile Tomsv/ dorf evs 721000 - 13 ,856 4,4x 58,150 2 2, 55 8. 60 in tax 58 / 150