please help calculate!!

4. Please use the following 2020 tax brackets to answer parts a b. (9 points total) 2020 Tax Rates, Single Individual Taxable Income Tax Payable SO $9.875 10% of TI 59.875 $40.125 $987.50 12% of (TI- 9.875 ) $40.125 $85.525 $4,617.50 22% of (TI- 40.125 585,525 $163.300 $14,605.50 24% of (TI- 85,525 ) S163,300 $207,350 $33,271.50 32% of (TI- 163,300) $207,350 $518,400 $47,367.50 + 35% of (TI- 207,350) 5518.400 Infinity $156,235.00 + 37% of (TI - 518,400 + 2. Assume that Caitlin has a taxable income of $500,000. What is her tax bill? (4 points) b. Would Caitlin prefer to get an additional tax deduction of $100,000 or an additional tax credit of $35,000? (5 points) 4. Please use the following 2020 tax brackets to answer parts a b. (9 points total) 2020 Tax Rates, Single Individual Taxable Income Tax Payable SO $9.875 10% of TI 59.875 $40.125 $987.50 12% of (TI- 9.875 ) $40.125 $85.525 $4,617.50 22% of (TI- 40.125 585,525 $163.300 $14,605.50 24% of (TI- 85,525 ) S163,300 $207,350 $33,271.50 32% of (TI- 163,300) $207,350 $518,400 $47,367.50 + 35% of (TI- 207,350) 5518.400 Infinity $156,235.00 + 37% of (TI - 518,400 + 2. Assume that Caitlin has a taxable income of $500,000. What is her tax bill? (4 points) b. Would Caitlin prefer to get an additional tax deduction of $100,000 or an additional tax credit of $35,000? (5 points)