Required Information [The following information applies to the questions displayed below.] Part 1 of 3 Lacy is a single taxpayer. In 2018, her taxable income is $43,600. What Is her tax liability In each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) a. All of her Income is salary from her employer. Tax liability b. Her $43,600 of taxable income Includes $2,500 of qualified dividends. Tax liability c. Her $43,600 of taxable income Includes $12,400 of qualified dividends. Tax liability Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,525 10% of taxable income $ 9,525 $ 38,700 $952.50 plus 12% of the excess over $9,525 $ 38,700 $ 82,500 $4,453.50 plus 22% of the excess over $38,700 $ 82,500 $157,500 $14,089.50 plus 24% of the excess over $82,500 $157,500 $200,000 $32,089.50 plus 32% of the excess over $157,500 $200,000 $500,000 $45,689.50 plus 35% of the excess over $200,000 $500,000 $150,689.50 plus 37% of the excess over $500,000 Tax Rates for Net Capital Gains and Qualified Dividends Rate* 0% Married Filing Jointly $0 - $77,200 $77,201 - $479,000 $479,000+ Married Filing Separately $0 - $38,600 $38,601 - $239,500 $239,500+ Taxable Income Single $0 - $38,600 $38,601 - $425,800 $425,801+ Head of Household $0-$51,700 $51,701 - $452,400 $452,401+ Trusts and Estates $0 - $2,600 $2,601 - $12,700 $12,701+ 15% 20% *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). Estates and Trusts But not The tax is: If taxable income is over: over: $ 0 $ 2,550 | 10% of taxable income $ 2,550 $ 9,150 $255 plus 24% of the excess over $2,550 $ 9,150 $12,500 $1,839 plus 35% of the excess over $9,150 $12,500 $3,011.50 plus 37% of the excess over $12,500