Question: Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition,

Using the previous tax table, compute the tax liability for the

Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the individual in the scenario. Felix's Tax Scenario Felix is a young professional with taxable income of $116,000 as an advertising account executive. What is Felix's total tax liability? (Note: Round your answer to the nearest cent, if necessary.) What is Felix's top marginal tax rate? What is Felix's average tax rate

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