Danny Liu is 20 years old and is considered a dependent of his parents for tax purposes. Assume the taxable year is 2019.

1. Compute Dannys taxable income if Dannys only income item was $2,712 interest earned on a certificate of deposit.
2. Compute Dannys taxable income if Danny had two income items: $2,712 interest earned on a certificate of deposit and $3,276 wages from a part-time job.