10:24 Expert Q&A Done Julie is a 47 year old hard working accountant. She had Gross Income of $110,000, included in this amount is $100,000 in salary and $10,000 of interest income from XYZ Company bonds. During 2021, she has $10,000 of above the line deductions and the following expenses: (21 points) a) $5,000 in doctor's bills, $2,000 was covered by insurance. b) $1,000 in prescription medicines. c) $400 for eyeglasses d) $3,500 in medical insurance premiums e) $4,000 in plastic surgery to have her wrinkles removed, these charges were not covered by insurance. f) $6,000 for ankle surgery as a result of a skiing accident. g) $15,000 in investment interest expense-i.e. - it directly related to her investment income. h) $4,000 in state and local taxes paid from W-2 withholdings. i) $2,000 on State and Local Real Property taxes i) She contributed a painting that she had owned to charity, her basis in the painting was $2,000 at the time of contribution and the painting's fair market value was $5,000.She had owned the painting for 5 years prior to the date of the gift. k) She purchased two tickets to an AIDS Awareness charity event.The tickets cost a total of $1,000.The fair market value of the charity event, including dinner and dancing, was $400. 1) She paid a tax preparer $200 on 4/15/21 to prepare her 2020 federal tax return. m) She had $5,000 in unreimbursed employee expenses - i.e. - paid expenses on behalf of her employer. n) $200 of interest expense on credit card bills. She had used the credit cards to purchase clothes during the year. o) $200 spent on a lock box, which she keeps her stock certificates in. p) $6,000 in qualified mortgage interest expense. q) $4,000 of gambling losses (she had won $1,500 at the casino during the year). What is her total taxable income? Remember start with Gross Income and work your way down. Please provide complete explanations when necessary.