Cole, an unmarried individual with no dependents, has the following income items: Interest income Schedule C net profit $ 24,400 51,880 Cole has $9,400 itemized deductions and the Schedule C income is qualified business income (non-service). Required: Compute Cole's income tax. Assume the taxable year is 2023. Use Individual Tax Rate Schedules and Standard Deduction Table Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. AGI Taxable Income es Income Tax Amount