QuestionA certain state uses the progressive tax rate below for calculating individual income tax. Calculate the state income tax owed on an \40,000 per year salary. \begin{tabular}{|c|c|} \hline \begin{tabular}{c} Income \\ Range (\$) \end{tabular} & \begin{tabular}{c} Progressive \\ Tax Rate \end{tabular} \\ \hline 0-4,000 & 2 \% \\ \hline 4,001-22,000 & 4 \% \\ \hline 22,001+ & 5 \% \\ \hline \end{tabular} \operatorname{Tax}=\$[?]$