Mike and Julie Bedard are a working couple. They will file a joint income tax return. This year they have the following taxable income:

$$125,000$ from salary and wages $($ordinary income$).$

$$1,000$ in interest income.

$$3,000$ in dividend income.

$$2,000$ in profit from sale of a stock they purchased two years ago.

$$2,000$ in profit from a stock they purchased this year and sold this year.

Use the federal income tax rates given in Table $1\mathrm{.}2,,$ to work this problem.

a$.$ How much will Mike and Julie pay in federal income taxes on $2$ above?

b$.$ How much will Mike and Julie pay in federal income taxes on $3$ above? $($Note: Remember that dividend income is taxed differently than ordinary income.$)$

c$.$ How much will Mike and Julie pay in federal income taxes on $4$ above?

d$.$ How much will Mike and Julie pay in federal income taxes on $5$ above?