Required information The following information applies to the questions displayed below. Henrich is a single taxpayer. In 2018, his taxable income is $450,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule Dividends and Capital Gains Tax Rates for reference. (Round your answer to 2 decimal places. Leave no answer blank. Enter zero if applicable.) c. His $450,000 of taxable income includes $55,000 of long-term capital gain that is taxed at preferential rates. Income tax et investment income tax 2,090.00 $ 2,090.00 Total tax liability Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 9.525 38,700 82.500 157.500 $200,000 $500,000 9,525 $38,700 $ 82,500 $157,500 200,000 $500,000 10% of taxable income $952.50 plus 12% of the excess over$9,525 $4,453.50 plus 22% ofthe eocess over S38.700 $14,089.50 plus 24% of the eocess over$82,500 $32,089.50 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the excess over $200,000 $150,689.50 plus 37% of the eocess over $500,000 Rate Taxable Income Married Filing Married Filing Single Head of Trusts and Estates Jointly Separately Household 0% 15% | $77.201-$479.000 | $38.601-$239.500 | $38.601-$425.800 | $51.701-$452.400 | $2.601-$12.700 20% SO - $77,200 SO - $38,600 SO- $38,600 SO - $51,700 $O -$2.600 $479,000+ $239,500+ $425,801+ $452.401+ $12,701+ This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose)