1 2 pts Anna is a 20-year-old, single, full-time college student, and she lives with her parents who provide more than a half of her support. She worked as an intern at her local bank during the summer of 2021, earning $9,350. Anna also received $1,450 interest income on a savings account. She is in the process of calculating her taxable income for 2021. As part of calculating her taxable income for 2021, she needs to decide whether to take standard deduction amount or itemized deduction. What would be her standard deduction for 2021? $12,400 $11,150 $12,550 $9,700 Question 2 2 pts Peter is a 25-year-old, single senior associate at a local public accounting firm. He lives with his disabled and dependent mother, for whom he provides more than a half of support. Peter earned a $75,000 salary in 2021. His other income consisted of $2,000 interest from a bank account and $400 interest on municipal bonds. In addition, he received $700 from his mother as a gift for passing his CPA exams. In 2021, he, unfortunately, sustained a capital loss of $5,000 from the sale of Arrow Corporation stock. His itemized deductions amount to $12,650 for the year. What is Peter's taxable income in 2021? $55,200 $61,450