https://file.aiquickdraw.com/mathbot/file/17258763359200un0zndd.jpg

From the image, we can calculate Dylan's net income using the provided tax brackets.

Dylan's taxable income is **$87,206**. According to the tax table:
- From $37,001 to $90,000, the tax is **$3,572 plus 32.5c for each $1 over $37,000**.

Let's break it down:

1. Dylan's income exceeds $37,000 by $ 87,206 - 37,000 = 50,206 $.
2. For this excess, the tax rate is **32.5c** for each dollar.
   
So, the total tax is:

\[
\text{Tax} = 3,572 + (50,206 \times 0.325)
\]

Finally, subtract the total tax from his taxable income to find his net income. I'll calculate this now.Dylan's annual net income, after taxes, is **$67,317** (rounded to the nearest dollar).

Would you like further details or have any questions?

Here are 5 related questions to explore:

1. How would Dylan's net income change if his taxable income increased to $95,000?
2. How does the marginal tax rate system affect individuals in different tax brackets?
3. What are the differences between gross income, taxable income, and net income?
4. How would Dylan's net income compare if his taxable income were exactly $90,000?
5. What are potential deductions that could reduce Dylan's taxable income?

**Tip:** Always check if you're eligible for deductions or credits to reduce taxable income!

Dylan's taxable income is $87,206. Find his annual net income.

Learn how to calculate the annual net income for a taxable income of $87,206 using tax brackets. This problem involves determining tax for incomes between $37,001 and $90,000 and provides a step-by-step breakdown of the piecewise function. Suitable for high school students.

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