analyze the presentation titled "Income, Commissions, Exclusions, and Attachments," which appears in the required resources at the beginning of the module. Also, consult the suggested websites, which provide information on the topic of income management, deductions, and allowable exclusions. 2- Then, complete the following task in which you will examine four (4) cases. For each case, you should do the following: Indicate the income items that are part of the gross income. Indicate the exclusions and exemptions from gross income. Calculate the adjusted gross income. Identify if the taxpayer has interest income and explain the tax treatment thereof. Mention the exemptions to which the taxpayer is entitled. YOU CAN USE THE EXCEL TABLE TO BE PROVIDED BY THE TEACHER

Case 1: Carlos Ortiz Carlos Ortiz is married and has a position as an administrator in a private company. Carlos's salary for this tax year was $50,000. He received an inheritance of $80,000 and $12,000 in interest from a cooperative of which he is a member. Carlos files joint tax returns with his wife, who is disabled and receives $12,000 in social security benefits annually. The couple has a 15-year-old son, who is a student.

Case 2: Carmelo Morales and Carmen Flores Carmelo Morales was born on January 9, 1968, is a teacher, and is married. He had a salary of $42,000 and a withheld contribution of $6,000. Carmelo also received dividends of $5,000 from an investment made in a company. His wife, Carmen Flores, was born on March 22, 1970, works as a secretary, and had an income of $30,000 in the tax year. The couple has no children, has a joint bank account, and received $7,500 in interest from the bank. Carmelo's mother lives with him and depends entirely on her son, as she is disabled and has no income.

Case 3: Miguel Estrada and Josefa Martnez Miguel Estrada is retired, 70 years old, and receives an annual pension of $10,000. He is married to Josefa Martnez, who is also 70 years old, retired, and receives an annual pension of $10,000. They both own a clothing sales business, from which they earn a net profit of $60,000 per year. They receive $6,000 in interest from the bank and $15,000 in dividends from an investment in a company. Miguel won the traditional lottery and received a prize of $30,000.

Case 4: Berta Jimnez Berta Jimnez is divorced and works as a secretary. Her W2 shows a salary of $60,000 and a withheld contribution of $6,000. Berta is a university student and paid $5,000 for her bachelor's degree tuition. She has a son born on March 22, 2013. Berta is a veteran of the army.