Grace is single with no dependents. For 2013, she had an income of $85,000. She put $1,000 into a traditional IRA and earned $100 interest from her bank account. She paid $4,000 in interest on her mortgage.

For 2013, the exemption amount is $3,900 per person. The standard deductions are:

$6,100 for single or married filing separate,

$12,200 for married filing jointly or

$8,950 for head of household.

Remember, you can only itemize your deductions or take the standard deduction, not both, so choose the larger of the two.

Please answer the following questions;

a) Grace's gross income was $__

b) Her adjusted gross income was $___

c) Her taxable income was $___