A man is single and earned wages of $47,700. He received $300 in interest from a savings account He contributed $560 to a tax-deferred retirement plan. He had $5230 in itemized deductions. Calculate his gross income, adjusted gross income, and taxable income. Use the table to the Married Filing Separately up to $8,925 Tax Rate Single 10% 15% 25% 28% up to $8,925 up to $36,250 up to $36,250 up to $87 850up to $73,200 up to $183,250 | | up to S111 ,525 $6100 3900 right for exemption and standard deduction values. Stard $6100 Deduction Exemption (per person) $3900 The person's gross income is s tie (Simplify your answer) The person's adjusted gross income is s Simplify your answer.) In determining taxable income, should this person claim standard or itemized deductions? D Itemized deductions O Standard deduction The person's taxable income is S Simplify your answer)