Arthur Wesson, an unmarried individual who is age $58,$ reports taxable income of $$510,000$ in $2023.$ He reports positive AMT adjustments

of $$80,000$ and preferences of $$35,000.$ Arthur itemizes his deductions, and his regular tax liability in $2023$ is $$150,395.$

Click here to access the exemption table.

a$.$ Arthur's initial AMT exemption amount for $2023$ is $

$x,$ since his filing status is single. However, the exemption is

phased out $$ at a rate of $25$ cents on the dollar when AMTI exceeds $

X $.$ Therefore, Arthur's total AMT

exemption will be $

A graduated, two$-$tier AMT rate schedule applies to individual taxpayers. A $26\%$ rate applies to the first $$220,700$ of the AMT

base, and a $,$ rate applies to the AMT base in excess of $$220,700.$

Compute Arthur's AMT for $2023.$