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Use the marginal tax rates in the table below to compute the tax owed in the following situation. Paul is a head of household with

image text in transcribed Use the marginal tax rates in the table below to compute the tax owed in the following situation. Paul is a head of household with a taxable income of $106,000. He is entitled to a $7500 tax credit. The tax owed is $ (Type an integer or a decimal.)

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