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Al Barkley is single and earns $69,000 in taxable income. He uses the following tax...

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Accounting

imageAl Barkley is single and earns $69,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes.

Al Barkley is single and earns $69,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes. Up to $9.525 $9,525 - $38, 700 $38,700 - $82,500 $82,500 - $157,500 10% 12% 22% 24% What is Al's average tax rate? (Round your answer to 2 decimal places.) Multiple Choice O 16.12% 10.96% O O 17.39% O 25.00% O 0.13%

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