Answer the following questions regarding the 2020 California income tax for California residents Bill and Jennifer on the basis of the following information:

Filing status Married Filing Jointly

Jennifers salary $40,000

Bonus from Jennifers employer $5,000

Gift from Bills ex-wife $9,000

Deductible contribution to IRA $5,000

Bills California lottery winnings $10,000

Charitable contributions $400

State and local income taxes $3,100

Interest on home mortgage $1,800

Number of dependents 2

Bills age 66

Jennifers age 64

California AGI is:

a. $50,000

b. $40,000

c. $55,000

d. $45,000

e. None of the above

The amount of the California itemized or standard deduction which should be used to calculate taxable income is:

a. $24,800

b. $26,100

c. $9,202

d. $4,300

e. None of the above

The California taxable income is:

a. $35,700

b. $15,200

c. $13,900

d. $30,798

e. None of the above

The California income tax before exemptions is:

a. $535

b. $437

c. $139

d. None of the above

The California exemptions total:

a. $383

b. $1,138

c. $1,014

d. $248