Kara and Brandon Arnold are married and file a joint return. Their Social Security num$-$bers are $000-00-1111$ and $000-00-2222,$ respectively. Kara and Brandon have one son,

Henry, age $3.$ His Social Security number is $000-00-3333.$ They live at $356$ Welcome

Lane, Woodbury, WA $84653.$ They report their income on the cash method. During $2022,$

they report the following items:

Salary $$103,000$

Interest income from money market accounts $600$

Dividend income from Davis Corp. stock $700$

Cash contributions to church $6,000$

Rental of a condominium in Lutsen:

Rental income $(30$ days$)12,000$

Interest expense $7,000$

Property taxes $3,200$

Maintenance $1,700$

Depreciation $($entire year$)7,500$

Insurance $2,000$

Days of personal use $16$

The address of the Condo is $1127$ Skyline Drive, Lutsen, WA $84666.$ During the year the

following events also occur:

a$.$ In $2020,$ Brandon had loaned a friend $$3,000$ to help pay medical bills. During $2021,$

he discovers that his $$friend$$ has skipped town.

b$.$ On June $20,2022,$ Brandon sells Kim Corporation stock for $$16,000.$ He purchased

the stock on December $12,2015$ for $$22,000.$

c$.$ On September $19,2022,$ Kara discovers that the penny stock of Roberts, Inc. she purchased

on January $2$ of the prior year is completely worthless. She paid $$5,000$ for the stock. $.$ Instead of accepting $$60$ the utility store offers for their old dishwasher, they donate

it to Goodwill on November $21,2022.$ They purchased the dishwasher for $$750$ on

March $30,2011.$ The new dishwasher cost $$900.$

e$.$ Kara and Brandon purchased a new residence for $$250,000.$ As part of the closing costs,

they pay two points, or $$3,800,$ on the mortgage, which is interest rather than loan process$-$ing fees. This payment enables them to obtain a more favorable interest rate for the term of

the loan. They also paid $$8,400$ in interest on their mortgage on their personal residence.

f$.$ They pay $$4,100$ in property taxes on their residence and $$7,500$ in state income taxes.

g$.$ On July $20,2022,$ Kara and Brandon donate $1,000$ shares of Anton, Inc. stock to the

local community college. The value of the stock on that date is $$10,200.$ Anton, Inc. is

a listed stock. They had purchased the stock on November $10,2014,$ for $$1,000.$

h$.$ $$7,000$ in federal income tax was withheld during the year.

Complete Kara and Brandon$$s Form $1040,$ Schedules A$,$ B$,$ D$,$ and E$,$ Form $8283$ and Form

$8949.$ For purposes of this problem, disregard the alternative minimum tax and any credits. With $2022$ forms.