Barry and Kaila, who are in the 39 6% tax bracket, are inerested in reducing their taxes. They are currently cons denng several allematves (Click the icon to view alternatives.) Requirement For each alternative, indicate how much tax, if any, they would save (Round your answers to the nearest whole dollar) a. Make a gift of bonds valued at 59,000 that yield $720 per year interest to their 24-year-old daughter, who has no other income. They would saveS b. Sell the bonds rom Pat a rather than give them to their daughter, and buy tax-exempt bonds that pay 6%, Assume the bonds can be sold per year. The daughter be subject to tax on the interest or an amount equal to their basis of $9,000. $ofinterest per year. Thus, they would per year but would forego the tax-exempt bonds They would save s be better off c. Give $1,100 cash to a charity. Assume they itemize deductions and ignore any phaseout of itemized deductions They would save d. Pay their daughter a safary of $9,000 for services rondered in their unincorporated business. (Assume that the salary is reasonable) This assumes no phase-out of nemized deductions. Since the salary is reasonable. as a business expense The salary betaxable to th , daughter as income The parents will save $ in income laxes