Consider a lump sum of $9,000 to be received 10 years from now (t=10). What is its present value today at an expected return of 7% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67). Consider gross earnings of $48,000. - The standard deduction is $12,000 and itemized deduction is $12,000 - Social security tax rate is 6.2\%; Medicare tax rate is 1.45%. How much is the taxable income (for federal income tax)