Lauren Nicole graduated from Florida State University in 201…

Lаuren Nicоle grаduаted frоm Flоrida State University in 2016. She has an interesting and high paying job with Coach Purse Company. However, Lauren did not pay attention in her Personal Financial Planning class and is very concerned about paying her 2025 Federal income taxes. She is single with no children and has a gross income of $322,750 and a taxable income of $255,378 (which includes a short-term capital gain of $1,400). She has the following monthly expenses: car loan - $470; cell phone - $125; food - $483; entertainment - $1,080; and credit card - $920.    a.     Calculate Lauren’s 2025 average tax rate (see Tax Table below) b.     Calculate Lauren’s 2025 marginal tax rate (see Tax Table below)   c.    As Lauren’s financial advisor, explain the difference between tax avoidance and tax evasion.    d. discuss three (3) actions Lauren can take to reduce her 2025 taxes    2025 Federal Income Tax Rates (filing status: Single) 10%    $0 to $11,925    12%    $11,926 to $48,475    22%    $48,476 to $103,350     24%    $103,351 to $197,300   32%    $197,301 to $250,525   35%    $250,5266 to $626,350