The tax liability of a sole proprietorship with ordinary income of $450,000 is closest to Range of taxable income Marginal rate $0 to $9,525 10% 9,525 to 38,700 12% 38,700 to 82,500 22% 82,500 to 157,500 24% 157,500 to 200,000 32% 200,000 to 500,000 35% A) $157,500 B) $133,190 C) $94,500 O D) $114,700