Emma received the following income during the tax year:

$$60,000$ in wages

$$1,200$ in interest from a savings account

$$1,000$ in interest from a municipal bond

$$8,000$ in prize money from a local contest

$$2,300$ in unemployment compensation

a$.$ Using the list above, identify which sources of Emma's income are taxable and which

items are excluded from taxable income.

b$.$ Calculate Emma's total taxable income from these sources.