Juan Gonzalez, a single person working for Harla, Inc., will earn $48,500 in 2018 and contribute $7,000 to the firm's 401(k) plan. If Juan is in the 22% tax bracket, what will his reportable income be? How much tax savings will result, and how much will it cost Juan, on an after-tax basis, to make the $7,000 contribution? If Juan is in the 22% tax bracket and makes a(n) $7,000 contribution to the firm's 401(k) plan, his reportable income for 2018 is $ . (Round to the nearest dollar.) The tax savings resulting from his $7,000 401(k) contribution is $ . (Round to the nearest dollar.) On an after-tax basis, the amount it will cost Juan to make the $7,000 contribution is $ . (Round to the nearest dollar.)