Use the marginal tax rates in the table below to compute the tax owed in the following situation.

Marco is marriedfilingseparately with a taxable income of $67,700.

Tax Rate

MarriedFiling

Separately

10%

up to$9325

15%

up to$37,950

25%

up to $76,550

28%

up to $116,675

33%

up to $208,350

35%

up to $235,350

39.6%

above $235,350

Standard deduction

$6350

Exemption

(per person)

$4050