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 $42,700, received $400 in interest from a savings account, and contributed $7900 to a tax-deferred retirement plan. He had itemized deductions totaling $7260, which is less than the standard deduction of $12,550 for his filing status. His gross income was $ (Simplify your answer.) His adjusted gross income was $ $ (Simplify your answer.) His taxable income was (Simplify your answer.) $ Gra Se se