Compute Donna's taxable income. (Show all calculations in good form.) PROBLEM 6 > Hope is a marketing manager at a local company. Information about her 2019 income and expenses is as follows: $150,000 Income received Salary Taxes withheld from salary: Federal income tax $25,344 State income tax 9,000 Social Security tax 8,209 Medicare tax 2,175 Interest income from bank Dividend (Qualified) income from U.S. stocks Short-term capital gain Long-term capital gain State income tax refund from last year Expenses paid: Unreimbursed dental and eyecare costs Property taxes on her home Fees paid to town for garbage pick-up Stock donated to American Red Cross; FMV $5,000; purchased three years ago for $3,100 Home mortgage interest Investment interest expense Interest on car loan 6,000 4,000 2,000 3,000 500 $1,800 3,900 400 10,000 11,000 3001 Compute Hope's taxable income for the year, the amount of her federal tax liability, and the amount of her tax due or refund if her federal income tax withholding was $25,344.00 for the tax year. Show all supporting computations in good form. Hope is single, and she elects to itemize her deductions each year. Assume she does not make any elections regarding the investment interest expense. Also assume that her tax profile was similar in the preceding year. Compute Donna's taxable income. (Show all calculations in good form.) PROBLEM 6 > Hope is a marketing manager at a local company. Information about her 2019 income and expenses is as follows: $150,000 Income received Salary Taxes withheld from salary: Federal income tax $25,344 State income tax 9,000 Social Security tax 8,209 Medicare tax 2,175 Interest income from bank Dividend (Qualified) income from U.S. stocks Short-term capital gain Long-term capital gain State income tax refund from last year Expenses paid: Unreimbursed dental and eyecare costs Property taxes on her home Fees paid to town for garbage pick-up Stock donated to American Red Cross; FMV $5,000; purchased three years ago for $3,100 Home mortgage interest Investment interest expense Interest on car loan 6,000 4,000 2,000 3,000 500 $1,800 3,900 400 10,000 11,000 3001 Compute Hope's taxable income for the year, the amount of her federal tax liability, and the amount of her tax due or refund if her federal income tax withholding was $25,344.00 for the tax year. Show all supporting computations in good form. Hope is single, and she elects to itemize her deductions each year. Assume she does not make any elections regarding the investment interest expense. Also assume that her tax profile was similar in the preceding year