Find the amount of taxable income and the tax owed. The letter following the name indicates the marital status, and all married people are filing jointly. Use $3700 for each personal exemption; a standard deduction of $5800 for single people, $11,600 for married people filing jointly, $5800 for married people filing separately, and $8500 for head of a household; and the following tax rate schedule. 

A. $39,556; $5508.40
B. $43,256; $6939.00
C. $39,556; $6014.00
D. $42,219; $6679.75


Answer: C

Mathematics

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