Outdoor Water Park You own an outdoor water park and you purchase new equipment. Make a double declining-balance depreciation schedule for the equipment. Round your answers to the nearest cent. Tornado Water Slide Cost: $4300 Salvage Value: $800 Useful Life: 5 years Depreciation | Value After Depreciation Year 1 Value Before Depreciation 4300 $ $ 800 Arizona State Income Tax Save 0 Arizona State Income Tax for Single Taxpayers Taxable income Marginal Tax Rate $0-$10,000 2.59% 2.88% 3.36% $10,001-$25,000 $25,001-$50,000 $50,001-$150,000 $ 150,001+ 4.24% 4.54% Suppose a person living in Arizona has a taxable income of $45538 a. How much does the person pay in state income tax? Round to the nearest cent. $ b. What is the person's effective tax rate