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Single and Married Scenarios, John and Susan are a couple but not yet married.  They are contemplating the tax effects of getting married.  John earns $210,000 and Susan earns $15,000.  Ignore itemized deductions and possible children.  You can refer to the text for standard deduction and tax rates or to instructions to Form 1040 (https://www.irs.gov/pub/irs-pdf/i1040gi.pdf )Note: I am planning a series of these Scenarios with ever-increasing complexity.  So besides this assignment carrying significant weight in itself, it is the basis for future assignments and therefore worth your investment of time, effort and careful analysis.Complete the following table (2 points). Year 2018    John    Susan        Combined    John    Susan    Earns    $      210,000    $        15,000        $    225,000    $  210,000    $    15,000                                    A     B     A+B     C    D    E    D+E    John Single     Susan Single     John and Susan are NOT MARRIED. What is there combined tax?     John/Susan Married Filing Jointly (MFJ)    John - Married Filing Separately (MFS)    Susan - Married Filing Separately (MFS)    Combined John/Susan MFSStandard deduction            NA                 NATaxable Income            NA                 NATax                             Show calculations below            NA                 NAII. Show tax calculations (for columns A, B, C, D, E (2 points)A1. Copy and paste tables used Remember to use 2018 tablesA2. Show calculations You can use any format, including Excel files, as long as they are easy to read.  In other words, you can use a different style for your calculations, as long as I can follow your logic:Taxable Income    Tax on first     Tax (per table, marginal rate 24%)    Tax on Remaining taxable income of    Tax (marginal rate 32%)    Total Tax    III. Comment on what you have learned (1 point; maximum of 0.5 for mediocre work to get 1.0 it must be interesting enough to be publishable in a newspaper).

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