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Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on the tax table 3.5. Assume that their taxable income this year was $437,000. Do not round intermediate calculation. a. What is their federal tax liability? Round your answer to the nearest cent. $ b. What is their marginal tax rate? Round your answer to two decimal places. % c. What is their average tax rate? Round your answer to two decimal places. % 2017 Individual Tax Rates Plus This Percentage on the excess over the Base (Marginal Rate) 10.0% 15.0 25.0 28.0 33.0 35.0 39.6 Average Tax Rate at Top of Bracket 10.0% 13.8 20.4 24.3 29.0 29.0 39.6 Single Individuals You Pay This If Your Taxable Amount on the Income Is Base of the Bracket Up to $9,325 $ 0 $9,325-$37,950 932.50 $37,950-591,900 5,226.25 $91,900-$191,650 18,713.75 $191,650-$416,700 46,643.75 $416,700-5418,400 120,910.25 Over $418,400 121,505.25 Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the Income Is Base of the Bracket Up to $18,650 $ 0 $18,650-$75,900 1,865.00 $75,900-5153,100 10,452.50 $153,100-$233,350 29,752.50 $233,350-$416,700 52,222.50 $416,700-S470,700 112,728.00 Over $470,700 131,628.00 Plus This Percentage on the Excess over the Base (Marginal Rate) 10.09 15.0 25.0 28.0 33.0 35.0 Average Tax Rate at Top of Bracket 10.0% 13.8 19.4 224 27.1 28.0 39.6 39.6

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