Jamie Lee Jackson, age 26, is in her last semester of college and is waiting for graduation day that is just around the corner! It is the time of year again when Jamie Lee must file her annual federal income taxes. Last year, she received an increase in salary from the bakery, which brought her gross monthly earnings to $3,000, and also opened up an IRA, to which she contributed $400 last year. Her savings accounts earn 2% interest per year, and she also had received an unexpected $1,950 gift from her great aunt. Jamie was also lucky enough last year to win a raffle prize of $2,900, most of which was deposited into her regular savings account after paying off her credit card balance. Estimate Jamie Lee's current tax liability by completing the form below. Use standard deduction ($6,300) and personal exemption ($4,050). Each answer must have a value for the assignment to be complete. Enter "O" for any unused categories. Use 2017 tax rates. Current Financial Situation Assets: Monthly Expenses: $2,600 $320 Checking account Rent obligation $7,800 Utilities $180 Savings account $170 $175 (Interest earned last year) Food Emergency fund savings $4,800 $155 Gas/maintenance account $120 Credit card payment $0 (Interest earned last year) $440 Savings allocation: IRA balance $400 $190 (Contribution made last year) Regular savings (monthly) $3,900 Rainy day savings (monthly) $35 Car Liabilities: Entertainment: $11,700 $20 Student loan Cake decorating class $0 $40 Credit card balance Movies with friends $40 (Interest paid last year) Income: $3,000 Gross monthly salary Estimated tax Less tax credits Plus other taxes Equals total tax liability Less estimated withholding and payments Equals tax due (or refund) Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on "The Price Is Right" (valued at $15,500) and won $500 on a scratch-off lottery ticket (the first time she ever played). She also signed up for a credit card to start the trip and was given a sign-up bonus of $100. How much will she have to include in her federal taxable income? Amount to be included in the federal taxable income