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Use the chart to answer the question. You will not use all of the answers given. 2007 Federal Income Tax Table Single: Over But not over The tax is $0 $7,825 10% of the amount over $0 $7,825 $31,850 $788 + 15% of the amount over $7,825 $31,850 $77,100 $4,386 + 25% of the amount over $31,850 $77,100 $160,850 $15,699 + 28% of the amount over $77,100 $160,850 $349,700 $39,149 + 33% of the amount over $160,850 $349,700 And Over $101,469 + 35% of the amount over $349,700 John Myers had $49,000 in taxable income. He figured his tax from the tax schedule: 1. Found his earned income level. 2. Entered the base amount = $4,386 3. Found the amount over $31,850 = 4. Multiplied line 3 by 25% = 5. Added Lines 2 and 4 =