1.Jaime is not married and supports a 12 year old child who lives with Jaime and has gross income of $2,650 (the child's gross income). Jaime works as a self-employed planner and earned commissions and fees of $13/9,000 during 2019. Jaimes other information follows:

Jaimes business expenses $16,900

Contribution to solo(k) retirement plan 5,500

Loss on sale of Alphatech stock held 2 years -2,700

Payment for self-employed persons medical insurance 9,000

Mortgage interest on primary residence 9,950

State and local property tax on residence 4,350

Property tax included in personal auto registration 160

State sales taxes paid 370

State income taxes paid 3,800

Charitable contributions of stock (fmv, $6,000) basis 1,950

Political contributions 550

Interest income 7,300

Qualifying dividends 1,200

All information is for 2019.

Calculate Jaimes adjusted gross income and taxable income. Show your work!

AGI = $____________ Taxable Income = $____________

Please show all work with explanations! thank you!