Use the table to answer the question that follows.
Tax Name Investment Earnings Tax Rate
Dividend Income Tax Stock dividends If in bottom 2 tax brackets, not taxed If in top 4 brackets, taxed at 15%
Interest Income Tax Bond coupons Taxed as ordinary income: 10% to 35% Exception: Municipal bond coupons are not taxed.
Capital Gains Tax Gain from sale of
stocks or bonds Held for 1 year or less (short-term): taxed as ordinary income Held for more than 1 year (long-term): taxed as dividend income
Lacey's income put her in the first tax bracket (10%) last year. During that year, she earned $175 in dividends and $475 in coupons on a corporate bond. Five years ago, she purchased a common stock for $250. She sold the same stock last year for $426. What is the total Lacey will pay in taxes on last year's investments? (2 points)

$100.15

$73.90

$47.50

Question

Use the table to answer the question that follows. 
Tax Name Investment Earnings Tax Rate
Dividend Income Tax Stock dividends If in bottom 2 tax brackets, not taxed If in top 4 brackets, taxed at 15%
Interest Income Tax Bond coupons Taxed as ordinary income: 10% to 35% Exception: Municipal bond coupons are not taxed.
Capital Gains Tax Gain from sale of 
stocks or bonds Held for 1 year or less (short-term): taxed as ordinary income Held for more than 1 year (long-term): taxed as dividend income
Lacey's income put her in the first tax bracket (10%) last year. During that year, she earned $175 in dividends and $475 in coupons on a corporate bond. Five years ago, she purchased a common stock for $250. She sold the same stock last year for $426. What is the total Lacey will pay in taxes on last year's investments? (2 points)

$100.15

$73.90

$47.50