Using the following table, calculate the taxes for an individual with taxable income of $49,000. 10% Up to $9,875 12% $9,876-$40, 125
22% $40,126-$85,525 24% $85,526-$163,300
32% $163,301-$207,350 35% $207,351-$518,400 37% Over $518,401