Find the gross$$ income, the adjusted gross$$ income, and the taxable income. Base the taxable income on the greater of a standard deduction or an itemized deduction.

A taxpayer earned wages of $$$$59$ comma $00059,000,$ received $$$$500500$ in interest from a savings$$ account, and contributed $$$$85008500$ to a$$ tax$-$deferred retirement plan. He had itemized deductions totaling $$$$73107310,$ which is less than the standard deduction of$$ $$12,550$ for his filing status.