Compute the taxable income for 2017 for Ian on the basis of the following information. Ian is married but has not seen or heard from his wife since 2015. Salary $80,000 Interest on bonds issued by City of Boston 3,000 Interest on CD issued by Wells Fargo Bank 2,000 Cash dividend received on Chevron common stock 2,200 Life insurance proceeds paid upon death of uncle (Ian was the designated beneficiary on the policy)? 100,000 Inheritance received upon death of aunt 50,000 Jason (a cousin) repaid a loan Ian made to him in 2011 (no interest). 4,000 Itemized deductions (state income tax, property taxed on residence, interest on home mortgage and charitable contributions 9,700 Number of dependents (children ages 17,18 and Mother-in-law age 70) 3, Age 43