20. Use the table below that shows the 2018 Individual Tax Rates for Single Individuals to answer the following question. If the Single Taxpayer has Taxable Income of $160,000, how much is the tax liability? Plus This Percentage on the Excess over If Your Taxable Income is Base of the Bracket Up to $9,525 $9,525-538,700 $38,700-$82,500 $82,500-$157,500 $157,500-$200,000 $200,000-$500,000 Over $500,000 You Pay This Amount on the the Base (Marginal Rate) $ 0.00 $ 952.50 $ 4,453.50 $ 14,089.50 $ 32,089.50 $ 45,689.50 $150,689.50 37.0% 10.0% 12.0% 22.0% 24.0% 32.0% 35.0% 37.ON a. $32,000 b. $32,089,50 c. $32,889.50 d. $38,400 e. $51,200