$21.$ Irene is a resident of a state that imposes an income tax. Information regarding Irene's state income tax transactions is as follows:

Taxes withheld this year $$5,400$

Refund received this year from overpayment

of last year's tax liability $1,200$

Deficiency assessed for two years ago

$($as a result of audit by the state$)2,000$

Interest on the deficiency $300$

Both the two$-$year$-$old deficiency and interest thereon were paid by Irene this year. If Irene elects to itemize her deductions this year, how much of the above transactions can be claimed?

Group of answer choices:

a$.$ $$7,700$

b$.$ $$7,430$

c$.$ $$7,400$

d$.$ $$6,230$

e$.$ None of the above.

$22.$ During the current year, Horace paid the following interest charges:

Home mortgage $$3,600$

On loan to purchase household furniture $400$

On loan to purchase state of Nebraska

general purpose bonds $($wholly tax$-$exempt$)600$

If Horace itemizes his deductions from AGI for the current year, the amount deductible as interest expense is:

Group of answer choices

a$.$ $$4,600$

b$.$ $$4,000$

c$.$ $$3,600$

d$.$ $$4,200$

e$.$ None of the above.

$25.$ David, a calendar year married taxpayer, files a joint return for this year. Information for the year includes the following:

AGI $($including wagering gains$)$ $$371,800$

State income taxes $15,000$

Charitable contributions $16,000$

Wagering losses $($wagering gains were $$22,000)20,000$

David's allowable itemized deductions for the year are:

Group of answer choices

a$.$ $$51,000$

b$.$ $$24,000$

c$.$ $$46,000$

d$.$ $$31,000$

e$.$ None of the above.