Question: E or Chapter Problems - Financial Statements, Cash Flow, and Taxes Back to Assignment Attempt 0 0 Keep the Highest 0/3 4. Problem 3.18 (Personal
E or Chapter Problems - Financial Statements, Cash Flow, and Taxes Back to Assignment Attempt 0 0 Keep the Highest 0/3 4. Problem 3.18 (Personal Taxes) eBook Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the following relevant information . She received $82,000 in salary - She received $10,500 of dividend income . She received $8,600 of interest income on Home Depot bonds . She received $25,000 from the sale of Diwy stock that was purchased 2 years prior to the sale at a cost of $9.900 . She received $13,500 from the sale of Google stock that was purchased 6 months prior to the sale at a cost of $6,400. Mary only has allowable itemized deductions of $6,400, so she will take the standard deduction of $12,000 will be deducted from her gross income to determine her taxable income Assume that her tax rates are based on Table 3.5. What is Mary's federal tax obiety inter your answer as a positive vakt. Do not found intermediate calculations, Hound your answer to the western $ b. What's ne marginal tax rate? Do not found intermediate calculations. Round your answer to one decimal place 46 6. What is her average tax rate? Do not round Intermediate calculation. Round your answer to two decimal places
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