Use Goal Seek to find the Taxable Income (C5) that results in the Total Tax (C7) shown.

Answer to the nearest 0.01. Do not include any punctuation ($ or ,) in your answer!

Example of accepted answer: 12345.67 Examples of incorrect answers: $12,345.67, 12,345.67, $12345.67

Taxable Income	Total Tax Payments
Answer	$2,000
Answer	$6,000
Answer	$7,500
Answer	$9,800
Answer	$19,500

answer to the neared 0.01.

Status Single DATA TABLE Total Tax Payments $ Taxable Income $ 8,342 55,060.00 20,000 30,000 40,000 Total Tax $ 7,972 Refund Amount Amount Owed