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please show all the formulas for each cell and for each statement. USE EXCEL NOT MATLAB For 2019, the Tax Brackets for Single Individuals in

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please show all the formulas for each cell and for each statement. USE EXCEL NOT MATLAB

For 2019, the Tax Brackets for Single Individuals in the United States were defined as: Additionally, Single Individuals have a standard deduction amount of $12,200. This amount is deducted from your income to calculate your Adjusted Gross Income. Create an Excel spreadsheet to calculate someone's taxes for this year (Gross Income and Standard Deduction are the only user inputs, all other values must be calculated by your spreadsheet). How to calculate taxes: - Adjusted Gross Income: Subtract the Standard Deduction from Gross Income - Taxes within each bracket range: - If the Adjusted Gross Income is less than the Income Over value for this bracket, the tax within this bracket is $0; - Otherwise, if the Adjusted Gross Income is greater than the Income Over value of the next higher bracket, then the difference between the next higher bracket's Income Over and this bracket's Income Over is used the calculate the taxes within this bracket; - Otherwise, the difference between the Adjusted Gross Income and this bracket's Income Over is used the calculate the taxes within this bracket. - A separate procedure must be used to calculate the 37% bracket tax. If the Adjusted Gross Income is higher than the Income Over value, then the difference between the Adjusted Gross Income and the Income Over value is used to calculate taxes within this bracket. - Calculate the Total Tax Burden by using the SUM function to add all the taxes within the brackets, above. You will need to use nested IF functions to complete the

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