128,000 2. Vera, Single, has no children or dependents. Wage Income Sold Apple stock purchased 10 years ago Proceeds in 2020 Cost 10 years ago Life insurance proceeds received Paid Medical costs out of pocket Paid state income taxes Paid Local propery taxes Paid mortage interest Made charitable contributions in cash Paid 3700 in tax preparation fees 60,000 10,000 88,000 4,980 9,870 13,500 13,400 4,490 3,700 a. What was the tax owed in 2020? b. How much did this taxpayer save due to the lower rate on capital gains and dividends? Show how this savings is computed, reconciling the amount saved using the appropriate tax rates c. What would the tax owed be if the apple stock was sold for $90000 instead of d. How much did this taxpayer save due to the lower rate on capital gains and dividends? Show how this savings is computed, reconciling the amount saved using the appropriate tax rates