7) Sean is a single person who earns $70,000 in salary for 2019 and has other income from a variety of investments, as follows:

Bank savings account interest Interest from State of Missouri Bonds Dividends from XYZ Corp.

$5,500 3,500 7,000

Sean received also receives includible state tax refunds of $300. Sean's only itemized deductions for the year include $5,200 of medical expenses.

Compute Sean's taxable income for 2019.