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Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information: Standard Deduction Table.

Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information: Standard Deduction Table.

Salary: $95,000

Interest and dividend income: 12,800

Capital gain from sale of investments: 11,000

Above-the-line deductions: 800

Itemized deductions: 6,900

Compute Julie's adjusted gross income (AGI) and taxable income. A) AGI $118,000; taxable income $92,750 B) AGI $118,000; taxable income $90,900 C) AGI $118,000; taxable income $99,650 D) AGI $107,000; taxable income $88,700

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