Determine the average amount of taxable income per tax return, for each of the ranges of...

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Determine the average amount of taxable income per tax return, for each of the ranges of taxable income provided, using the information in the below table. Taxable Income and Total Tax Liability are in thousands. Note: Enter your answers in whole dollars and not in thousands. Round the final answers to the nearest dollar value. Iten Number of returns Taxable income Total tax liability Average tax rates Under $15,000 Under $15,000 $15,000 to under $30,000 $30,000 to under $50,000 $50,000 to under $100.000 $100,000 to under $200.000 $200,000 or more 39,283,802 $6,952,629 $791,732 Ranges of Adjusted Gross Income $30,000 to under $50,000 $791,732,000 $15,000 to under $30,000 11.39% "The average tax rate is total tax liability divided by taxable income. 27,765,909 $193,277,768 $15, 165,011 7.85% 28,848,637 $ 605,974,808 $ 51,825,871 8.55% $50,000 to under $100,000 38,126,449 $ 1,757,247,416 $ 189,698,777 10.80% $100,eee to under $200,000 24,598,838 $ 2,308,040,171 $ 321,324,367 13.924 $200,000 or more 12,249,402 $3,868,687,623 $ 909,907,543 23.52% Determine the average amount of taxable income per tax return, for each of the ranges of taxable income provided, using the information in the below table. Taxable Income and Total Tax Liability are in thousands. Note: Enter your answers in whole dollars and not in thousands. Round the final answers to the nearest dollar value. Iten Number of returns Taxable income Total tax liability Average tax rates Under $15,000 Under $15,000 $15,000 to under $30,000 $30,000 to under $50,000 $50,000 to under $100.000 $100,000 to under $200.000 $200,000 or more 39,283,802 $6,952,629 $791,732 Ranges of Adjusted Gross Income $30,000 to under $50,000 $791,732,000 $15,000 to under $30,000 11.39% "The average tax rate is total tax liability divided by taxable income. 27,765,909 $193,277,768 $15, 165,011 7.85% 28,848,637 $ 605,974,808 $ 51,825,871 8.55% $50,000 to under $100,000 38,126,449 $ 1,757,247,416 $ 189,698,777 10.80% $100,eee to under $200,000 24,598,838 $ 2,308,040,171 $ 321,324,367 13.924 $200,000 or more 12,249,402 $3,868,687,623 $ 909,907,543 23.52%

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