Problem 8-54 (LO 8-1) [The following information applies to the questions displayed below.] In 2017, Sheryl is claimed as a dependent on her parents' tax return. Her parents' ordinary income marginal tax rate is 35 percent. Sheryl did not provide more than half her own support. What is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule for reference.

Problem 8-54 Part-d d. She received $7,000 of qualified dividend income. This is her only source of income. She is 16 years old at year-end.

what is her tax liability amount?