Madison is a single taxpayer. Her salary is 544,000. Madison realized a short-term capital loss of $3,000. Her itemized deductions total 55,800 ( which are charitable contributions). (The tax year is 2021) (Click the icon to view the standard deduction amounts.) (Click the icon to view the tax rate schedule.) Read the requirements Requirements a. and b. Compute Madison's adjusted gross income and her taxable income. Start by computing Madison's adjusted gross income and then her taxable income. (Use parentheses or a minus sign to enter a loss) Adjusted gross income Minus Taxable income Requirement c. Compute her tax liability. (Use the 2021 tax rate schedule for all tax calculations. Do not round any intermediary calculations. your final tax liability to the nearest whole dollar) Madison's tax liability is STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate retums Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. $ 25,100 $ 18,800 $ 12,550 $ 12,550 $1,350 $1,700 $ 25,100 5 18.800 5 12.550 $12.550 $1,350" Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return Greater of (1) earned income plus $350 or (2) $1,100. *These amounts are $2,700 and $3,400, respedively, for a taxpayer who is both aged and blind $1,700 --- If taxable income is: Not over $9,950 Over $9,950 but not over $40,525 Over $40,525 but not over $86,375 Over $86,375 but not over $164,925 Over $164,925 but not over $209,425 Over $209,425 but not over $523,600 Over $523,600 Single The tax is: 10% of taxable income. $995.00 + 12% of the excess over $9.950. .$4.664,00 + 22% of the excess over $40,525. . $14.751.00 + 24% of the excess over $86,375. $33,603.00 + 32% of the excess over $164,925. .... $47843.00 + 35% of the excess over $209,425 $157,804.25 + 37% of the excess over $523,600 a. Compute Madison's adjusted gross income. b. Compute her taxable income. Compute her tax liability C. liabilit