Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com Problem 1-49 (LO 1-3, LO 1-5) (Algo) Song earns $117,500 taxable income as an interior designer and is taxed at an average rate of 15 percent (.e., $17,625 of tax). a. If Congress increases the income tax rate such that Song's average tax rate increases from 15 percent to 20 percent, how much more income tax will she pay assuming that the income effect is descriptive? (Round your intermediate calculations and final answer to 2 decimal places.) Answer is complete but not entirely correct. Additional income tax $ 32,312,503 b. If the income effect is descriptive, the tax base and the tax collected will increase. True False A