Step 1 :1. Calculate tax for income range \(0-10,000\): \(10,000 * 0.03\) = \(300\)
Step 2 :2. Calculate tax for income range \(10,001-50,000\): \((50,000 - 10,000) * 0.05\) = \(40,000 * 0.05\) = \(2,000\)
Step 3 :3. Calculate tax for income range \(50,001-90,000\): \((90,000 - 50,000) * 0.055\) = \(40,000 * 0.055\) = \(2,200\)
Step 4 :4. Add all taxes: \(300 + 2,000 + 2,200\) = \(4,500\)