Loriann, a single taxpayer, had the following income and deductions for the tax year

2019

First calculate the gross income, then calculate taxable income and the federal tax liability. (Calculate the tax using the tax rate schedule. Do not round interim tax calculations. Round the amount entered into the cell to the nearest whole dollar. If an input field is not used in the table, leave the input field empty; do not select a label or enter a zero.)

INCOME: Salary Business Income 85,000 21,000 8,000 3,200 Interest income from taxable bonds Tax-exempt bond interest TOTAL INCOME 117,200 DEDUCTIONS: Business expenses 8,000 22,000 Itemized deductions TOTAL DEDUCTIONS 30,000