Using the individual tax rate schedule perform the following Calculate the tax liability after tax eamings, and average tax rates for the following levels of partnership earnings before taxes: $10,000 $80,000, $300,000 $500,000 $1.0 million; $1.5 million and $20 millon & Plot the average tax rates (measured on the y-axis) against the pretax income levers (measured on the x-axis) What generalization can be made conceming the relationship between these vanabies? a Calculate the tax liability after-tax eamings, and average tax rates for the following levels of partnership earnings before taxes: $10,000, $80,000 $300,000 $500,000; $1.0 million; $1.5 million and $20 million (Round dolars to the nearest cent and round percentages to one decimal place) Before-Tax Earnings $10.000 (Round dollars to the nearest cent and round percentages to one decimal place) Before-Tax Earnings $80,000 (Round dollars to the nearest cent and round percentages to one decimal place) Before-Tex Earnings $300,000 (Round dollars to the nearest cent and round percentages to one decimal place) Before-Tax Earnings $500,000 (Round dolars to the nearest cent and round percentages to one decimal place.) Before-Tax Earnings $1,000,000 (Round dollars to the nearest cent and round percentages to one decimal place) Tax Liability After-Tax Earnings Tax Liability After-Tax Earnings Average Tax Rate Average Tax Rate Tax Liability After-Tax Earnings Average Tax Rate Tax Liability After-Tax Earnings Average Tax Rate Tax Liability After-Tax Earnings Average Tax Rate