Final answer:
To calculate how much Stevens will owe in taxes, we can use the formula: Tax owed = Base tax + [(Income - Base income) * Rate]. Using the provided information, we find that Stevens will owe $19,768.75 in taxes.
Step-by-step explanation:
In this case, Stevens' taxable income is $84,000 and his tax rate is 15%. To calculate how much he will owe in taxes, we can use the formula:
Tax owed = Base tax + [(Income - Base income) * Rate]
Using the table provided, we find that the base tax for $84,000 is $8,375. So, the tax owed by Stevens would be $8,375 + [(84,000 - 8,375) * 0.15] = $8,375 + (75,625 * 0.15) = $8,375 + $11,393.75 = $19,768.75.