If the personal income tax rate is lowered from 46% to 32%, what is the differential savings for a tax payer having an annual income before tax to the tune of $36000? Pick one:
A) $ 3500
B) $ 5040
C) $ 3150
D) $ 7000
E) $ 10000

Rationale: "saving = ( 46 - 32 ) % of 36000 = 5040 . answer : b"
Answer: B