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Bart and Kesha, who are in the 37% tax bracket, are interested in reducing their taxes. They are currently considering several alternatives. i (Click

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Bart and Kesha, who are in the 37% tax bracket, are interested in reducing their taxes. They are currently considering several alternatives. i (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 $5,000 that yield $400 per year interest to their 24-year-old daughter, who has no other income. Per year, they would save Would the daughter be subject to tax on the interest? b. Sell the bonds from Part a rather than give them to their daughter, and buy tax-exempt bonds that pay 6%. Assume the bonds can be sold for an amount equal to their basis of $5,000. Per year, they would save The amount of interest per year they would forego is Would they be better off to sell the Part a bonds and purchase tax-exempt bonds?

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