Problem 1-35 (LO 1-1) Determine the average amount of taxable income per tax return, for each of the ranges of taxable income provided, using the information in the below table. Taxable Income and Total Tax Liability are in thousands. Note: Enter your answers in whole dollars and not in thousands. Round the final answers to the nearest dollar value. Item Number of returns Taxable income $30,000 Ranges of Adjusted Gross Income $30,000 to under $50,000 28,088,637 $15,000 to under Under $15,000. 39,277,402 $6,946,229 Total tax liability Average tax rate* $785,332 11.318 27,589,909 $193,101,768 $14,989,011 $ 51,065,871 7.76% 8.44% $ 605,214,808 $50,000 to under $100,000 36,486,449 $ 1,755,607,416 $ 188,058,777 10.71% "The average tax rate is total tax liability divided by taxable income. Under $15,000 $15,000 to under $30,000 $30,000 to under $50,000 $50,000 to under $100,000 $100,000 to under $200,000 $200,000 or more