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People living in the United States are required to pay income taxes. The amount that Americans are required to pay will vary. For example, Americans

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People living in the United States are required to pay income taxes. The amount that Americans are required to pay will vary. For example, Americans earning between $34,500 and $83,600 fall into the 25% tax bracket, which means they pay $4,750 plus 25% of income over $34,500 in taxes. Imagine that you earn $60,000. Use the same method, as the example above, to calculate how much money you will pay in taxes. Which of the following calculations is the correct choice? O 4,750 + 0.25 x 60,000 - 34,500 O 4,750 + 0.25 x 34,500 O 0.25 X 60,000 4,750 + 0.25 x 60,000 O 4,750 + 0.25(60,000 - 34,500) Check

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