draw a cash flow diagram

1) An unmarried engineer earns a gross income of $120,000 for various projects executed during the year. The engineer claims one $3,000 exemption and estimated itemized deduction of $15,000. If single people are automatically allowed $4,000 of deductions (standard). Use the 201x tax tables to compute the Engineer's federal income tax liability under the following mutually exclusive conditions: i) If the engineer chooses to claims the standard deduction. ii) If the engineer chooses to itemize deductions. Tax Tables (201x) (Approx.) Up to $22,750 of taxable income Tax rate = 15% > $22,750 and less than or equal to $50,000 Tax rate = 28% > $50,000 and less than or equal to $115,000 Tax rate - 318 >$115,000 and less than or equal to $200,000 Tax rate - 398