Use the following information to calculate the federal average tax rate (ignore tax credits) for a taxpayer who earned $115,000 from employment, and where bonds were sold for $20,000 during the year that originally cost $10,000: Taxable Income Tax Rate Up to $47,630 15% On the next $47,629 20.5% On the next $52,408 26% On the next $62,704 29% Over $210,371 33% Based on the above, the average tax rate (ATR) is closest to: Select one: a. 19.15% b. 19.45% C. 20.5% d. 26.0%