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10. You have 25/50/10 automobile liability insurance with a $500 collision deductible and full-coverage comprehensive. You were at fault in an accident where the other

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10. You have 25/50/10 automobile liability insurance with a $500 collision deductible and full-coverage comprehensive. You were at fault in an accident where the other driver's car was a total loss. The other driver's car was valued at $62,450. Your car is repairable, with damages of $13,500. The other driver had medical bills totaling $25,200. Her spouse was a passenger and had medical bills totaling $28,900. A passenger in your car had medical bills totaling $4,800. How much are you liable for after the insurance company pays out? A madating from TAMISA You contribute $500/month to 11. You earn $65,000/year in your first job after graduating from TAMUSA. You contribute $500/month to your retirement account. You have itemized deductions of: Property tax = $3,250; Charitable contributions - $800; State sales tax $950; Mortgage interest - $1,725. Assume you are filing single and the Standard Deduction is $12,400. What is your taxable income

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