e: 1 - Suppose Bill is a Single Individual filing taxes who had an income of $53,500 in 2016 with $7500 in deductions. Then two years later, his income had increased each year by 3% and he has the same $7500 in deductions. Similarly, Julie is a Single Individual filing taxes with an income of $275,000 with $7500 in deductions. Again, in 2018, her income had increased by 3% each year and she had the same deductions. c. Determine the taxes owed for each of them in 2016. (Notice that these tax bracket rates do not show quite the same information as the previous ones, but enough to do the same calculations) (show your calculations) d. Determine the taxes owed for each of them in 2018