For 2018, Mario, a single individual with no dependents, receives income of $55,000 and incurs deductible expenses of $9,000 (Click the icon to view the standard deduction and personal and dependency exemption amounts.) a. b. What is Mario's taxable income assuming that the expenses are deductions for AGI? What is Mario's taxable income assuming that the expenses are itemized deductions from AGI? Requirement a. What is Mario's taxable income assuming that the expenses are deductions for AGI? Select the labels and calculate Mario's taxable income assuming that the expenses are deductions for AGI. (If an input field is not used in the table leave the input field(s) empty. Do not select a label or enter a zero.) Income $55,000 Minus: Deductions from AGI Adjusted gross income Minus: Taxable income Requirement b. What is Mario's taxable income assuming that the expenses are itemized deductions from AGI? Select the labels and calculate Mario's taxable income assuming that the expenses are itemized deductions from AGI. (If an input field is not used in the table leave the input field(s) empty. Do not select a label or enter a zero.) Minus: Adjusted gross income Minus: Taxable income Reference $ $ STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,050. * These amounts are $2,600 and $3,200, respectively, for a taxpayer who is both aged and blind. 24,000 18,000 12,000 12,000 $1,300* $1,600* $ Done