Your annual income in 2016 was $49,355.You made the following pre-tax contributions for theyear: $5822 to your 401(k), $1725 to your Health Flex Plan (FSA), and $2400 for preapprovedparking. UsingTable 5.1, determine how much more you would have paid in federal taxes ifyoudid not make those pre-tax contributions (using both the 2016 federal standard deduction andthe personal exemption). Choose all that apply

A.Federal Taxesduewithnopre-tax deductions: $5522.50

B.With no pre-tax deductions:$39,005 (taxable income)

C.You would be paying $$1027.55 more in federal taxes in 2016

D.Withpre-tax deductions: $29,058(taxable income)

E.Federal Taxesduewithpre-tax deductions: $3894.95

F.Federal Taxesduewithnopre-tax deductions: $5022.50

G.You would be paying $$1627.55 more in federal taxes in 2016

TABLE 5.1 Sample Tax Brackets and Federal Tax Rates (For Singles) Taxable Income Between ... Tax Due Is ... $0-$9325 10% of taxable income $9326-$37,950 $932.50 + 15% of amt over $9325 $37,951-$91,900 $5226.25 + 25% of amt over $37,950 $91,901-$191,650 $18,713.75 + 28% of amt over $91,900 $191,651-$416,700 $46,643.75 + 33% of amt over $191,650 $416,701-$418,400 $120,910.25 + 35% of amt over $416,700 $418,401 + $121,505.25 + 39.6% of amt over $418,400