Question 6 10 pts Using the below 2018 tax schedule, calculate the Federal income tax for a taxable income of $16,000. Federal Inc Tax Schedule Marginal Rates Taxable income 2018 to $ 9,525.00 10% . $ 9,526.00 to $ 38,700.00 12% $ 38,701.00 to $ 82,500.00 22% $ 82,501.00 to $ 157,500.00 24% $ 157,501.00 to $ 200,000.00 32% $ 200,001.00 to $500,000.00 35% $ 500,001.00 and above 37%