Print hem Exercise 3-24 (Algorithmic) (LO. 6) Compute the 2017 Federal income tax liability and the marginal and effective tax rates in each of the following Iindependent cases Click here to access the 2017 tax rate schedule. If required, round the tax liability the nearest dollar. When required, round the average rates to three deoral places before converting to a percentage (Le. .67073 would be rounded to g71 and entered as 624 %). a. Chandler is single and reports taxable inpome of $125,600. Tax liability Marginal rate: Average rate: b. Lamar, a head of household, records taxable income of $77,400 Tax liabity Marginal rate: Average rate: PreviousN 7 8