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Compute P'S California taxable income from the following information. Salary $62,400, Interest on U.S. Savings Bonds $400, Interest on Tucson, Arizona municipal bonds $600, Dividends

Compute P'S California taxable income from the following information.

Salary $62,400, Interest on U.S. Savings Bonds $400, Interest on Tucson, Arizona municipal bonds $600, Dividends on Key Corp Stock $900, Elliot's Federal AGI $63,700, Elliot uses the standard deduction, he is single with no dependents. How much is Elliot's California taxable income?

59,499

63,900

63,700

59,363

59,097

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