Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $94,000 Adjustments: $3000 Deductions: $32,000 mortgage interest $4670 property taxes $4000 charitable contributions Tax credit:none Click the icon to view the 2016 marginal tax rates. The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.) 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $94,000 Adjustments: $3000 Deductions: $32,000 mortgage interest $4670 property taxes $4000 charitable contributions Tax credit:none Click the icon to view the 2016 marginal tax rates. The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.) 2016 Marginal Tax Rates, Standard Deductions, and Exemptions