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1) (14 points) El is a single retiree who receives Social Security benefits of $15,000, tax-exempt interest of $3,500, taxable interest of $1,500, and a

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1) (14 points) El is a single retiree who receives Social Security benefits of $15,000, tax-exempt interest of $3,500, taxable interest of $1,500, and a taxable pension for 2020. Determine the amount of taxable Social Security benefits assuming her annual taxable pension is: a. b. c. S14,000 $23,000. $40,000

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