37. LO.3, 7 Taylor, age 18, is claimed as a dependent by her parents. For 2020, she has the following income: $4,000 wages from a summer job, $1,800 interest from a money market account, and $2,000 interest from City of Chicago bonds. a. What is Taylor's taxable income for 2020? b. What is Taylor's tax for 2020? [Her parents file a joint return and have taxable income of $135,000 (no dividends or capital gains).]