1- Linda Niles is single, has no dependents and does not itemize her deductions. Linda has the following items of income for 2017:

Salary from her job $83,000

Interest Income from U.S. Treasury Bonds 4,000

Interest Income from City of Mulvane Bonds 8,000

LTCG on sale of stock 11,000

STCL on sale of stock (2,000)

Compute Lindas adjusted gross income, taxable income, and tax liability for 2017:

2- Same as (1), except the STCL was $22,000.