In Your Current Job, You Earn $55,000 A)$2,200
B)$1,100
C)$500
D)$600

In your current job, you earn $55,000. You take the standard deduction of $12,200. You have an offer of a new job working for a different employer. Your salary would go up by $5,000. How much extra will you owe in federal income taxes if you take the new job?
$$\begin{array} { c c c } \hline \begin{array} { l } \text { For taxable } \\\text { income over } \ldots\end{array} & \begin{array} { c } \ldots \text { but not } \\\text { over } \ldots\end{array} & \begin{array} { c } \ldots \text { the marginal } \\\text { tax rate is: }\end{array} \\\hline \$ 0 & \$ 9,700 & 10 \% \\\$ 9,700 & \$ 39,475 & 12 \% \\\$ 39,475 & \$ 84,200 & 22 \% \\\$ 84,200 & \$ 160,725 & 24 \% \\\$ 160,725 & \$ 204,100 & 32 \% \\\$ 204,100 & \$ 510,300 & 35 \% \\\$ 510,300 & - & 37 \% \\\hline\end{array}$$

A) $2,200
B) $1,100
C) $500
D) $600