Use the marginal tax rates in the table below to compute the tax owed in the following situation. Paul is a head of household with a taxable income of $93,000. He is entitled to a $6500 tax credit Tax Rate 10% 15% 25% 28% 33% 35% 39.6% Standard deduction Exemption (per person) Head of Household up to $13,350 up to $50,800 up to $131,200 up to $212,500 up to $416,700 up to $444,550 above $444,550 $9350 $4050 The tax owed is $ (Type an integer or a decimal)

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A: Given information,An investor accumulated 1800 shares of Microtel Corporation over a period of…

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