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34. Sally McKrachen is a single young professional with a gross income of $51,000. Sally has no adjustments to gross income, but she does have

34. Sally McKrachen is a single young professional with a gross income of $51,000. Sally has no adjustments to gross income, but she does have itemized deductions totaling $4,275. If personal exemptions for the year are $3,700 each and the standard deduction is $5,800, what is Sally's taxable income?

a.

$37,225

b.

$41,500

c.

$43,025

d.

$47,300

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