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Carol's income includes $ 7 0 , 0 0 0 salary, $ 2 , 0 0 0 corporate bond interest income, and $ 5 ,

Carol's income includes $70,000 salary, $2,000 corporate bond interest income, and $5,000 qualified dividends for the current year. Carol incurred $4,000 investment interest expense and $12,000 itemized deductions not including the investment interest expense. Compute Carols income tax liability for the current year assuming she is a single tax filer who elects to treat enough of the qualified dividends as investment income to allow her to deduct the maximum amount for investment interest expense.
Group of answer choices
$8,378.
$8,518.
$8,728.
$8,827.

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