Simon lives in the country of Snowland. Calculate his income tax given that his taxable income is $43,000 per year Snowland has a 2% Medicare Levy that should be included in your calculations and it has the following income tax schedule Bracket 1 2 3 4 5 Taxable income p.a. $0 to $10,000 $10,000 to $20,000 $20,000 to $40,000 $40,000 to $80,000 $80,000 or more Marginal tax rate 0% 10% 20% 30% 40% Tax on previous brackets $0 %0 $1,000 $5,000 $17,000 Your answer should be calculated to the nearest dollar ($Odp). Do not include a dollar sign in your