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37. LO.3, 7 Taylor, age 18, is claimed as a dependent by her parents. For 2019, she has the following income: $4,000 wages from a

37. LO.3, 7 Taylor, age 18, is claimed as a dependent by her parents. For 2019, 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 Boston bonds.

a. What is Taylors taxable income for 2019?

b. What is Taylors tax for 2019?

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