Required information Problem 8-51 (LO 8-1) [The following information applies to the questions displayed below.) In 2019, Sheryl is claimed as a dependent on her parents' tax return. 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, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Leave no answer blank. Enter zero if applicable.) Problem 8-51 Part-d d. She received $7,100 of qualified dividend income. This is her only source of income. She is 16 years old at year-end. (Round your final answer to 2 decimal places.) Tax liability Estates and Trusts If taxable income is over: $ 0 $ 2,600 $ 9,300 $12,750 But not over: $ 2,600 $ 9,300 $12,750 $12,750 The tax is: 10% of taxable income $260 plus 24% of the excess over $2,600 $1,868 plus 35% of the excess over $9,300 $3,075.50 plus 37% of the excess over $12,750