Cecil C. Seymour is a 64-year old widower. He had income for 2013 as follows: Pension from former employer 39,850 Interest income from Alto National Bank 5,500 Interest income on City of Alto Bonds 4,500 Dividends Received from IBM 2,000 Collections on annuity contract he purchased from Great life Insurance 5,400 Social Security Benefits 14,000 Rent income on townhouse 9,000 The cost of the annuity was 46,000, and Cecil was expected to receive a total of 260 monthly payments of 450.00. Cecil has received 22 payments through 2013. Cecil's 40year old daughter Sarah C. Seymour, borrowed 60,000 from Cecil on January 2, 2013. She used the money to start a new business. Cecil does not charge her interest because she could not afford to pay it, but he does expect to eventually collect the principal. Sarah is living with Cecil until the business becomes profitable. Except for housing, Sarah provides her own support form her business and 1600 in dividends on stocks that she inherited from her mother. Other relevant information is presented below: Cecil's Social Security number is XXXXX Address:XXXXX, Alto, GA, 30510 Sarah's Social Security number is XXXXX Expenses on rental townhouse: Utilities 2,800 Maintenance 1,000 Depreciation 2,000 Real estate taxes 750 Insurance 700 State Income taxes paid 3,500 County personal property taxes paid 2,100 Payments on estimated 2013 Federal income tax 5,900 Charitable contributions of cash to Alto Baptist Church 6,400 Federal interest rate 6% Sales taxes paid 912 Compute Cecil's 2013 Tax Return