Review the list of taxable income amounts below: Click the icon to view the taxable income amounts.) Click the icon to view the tax rate schedule.) Read the requirements a. Taxable income of $40,000. (Do not round intermediary calculations. Only round the amount you input in the federal income tax payable cell to the nearest cent, $X.XX. Round all tax rates to the nearest hundredth percent, X.XX%.) Scenario a. Federal income tax payable 40000 Average tax rate % Marginal tax rate % b. Taxable income of $120,000. (Do not round intermediary calculations. Only round the amount you input in the federal income tax payable cell to the nearest cent, $X.XX. Round all tax rates to the nearest hundredth percent, X.XX%.) Scenario b. Federal income tax payable Average tax rate % Marginal tax rate % c. Taxable income of $365,000. (Do not round intermediary calculations. Only round the amount you input in the federal income tax payable cell to the nearest cent, $X.XX. Round all tax rates to the nearest hundredth percent, X.XX%.) Scenario c. Federal income tax payable Average tax rate % Marginal tax rate % d. Taxable income of $670,000. (Do not round intermediary calculations. Only round the amount you input in the federal income tax payable cell to the nearest cent, $X.XX. Round all tax rates to the nearest hundredth percent, X.XX%.) Scenario d. Federal income tax payable Average tax rate Marginal tax rate % % Married, Filing Joint and Surviving Spouse If taxable income is: The tax is: Not over $19,900 10% of taxable income Over $19,900 but not over $81,050 ... $1,990.00 + 12% of the excess over $19,900. Over $81,050 but not over $172,750 ... 59,328.00 + 22% of the excess over $81,050. Over $172,750 but not over $329,850 .. $29,502.00 + 24% of the excess over $172,750. Over $329,850 but not over $418,850 .. 567,206.00 + 32% of the excess over $329,850. Over $418,850 but not over $628,300 ..595,686.00 + 35% of the excess over $418,850. Over $628,300 $168.993.50 + 37% of the excess over $628,300