Refer to the following table to answer the next two question…

Refer to the following table to answer the next two questions.2021 Federal Income Tax BracketsTaxable IncomeTax Rate$0–$9,95010%$9,951–$40,52512%$40,526–$86,37522%$83,376–$164,92524%$164,926–$209,42532%$209,426–$523,60035%Over $523,60037%Using the table, what is the effective tax rate for someone who makes $120,000 per year?

Refer to the following table to answer the next two question…

Refer to the following table to answer the next two questions.2021 Federal Income Tax BracketsTaxable IncomeTax Rate$0–$9,95010%$9,951–$40,52512%$40,526–$86,37522%$83,376–$164,92524%$164,926–$209,42532%$209,426–$523,60035%Over $523,60037%Using the table, what is the total federal income tax bill for someone who makes $120,000 per year?