Marc, a Single Taxpayer, Earns $61,400 in Taxable Income and $5,140

Marc, a single taxpayer, earns $61,400 in taxable income and $5,140 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2020, what is his average tax rate? (Round your final answer to two decimal places.) (Use tax rate schedule.)

A) 15.14 percent
B) 13.99 percent
C) 11.50 percent
D) 22.16 percent
E) None of the choices are correct