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Michele Walsh is considering an additional charitable contribution of $5,200 to a tax-deductible charity, bringing her total itemized deductions to $11,500. If Michele is single,
Michele Walsh is considering an additional charitable contribution of $5,200 to a tax-deductible charity, bringing her total itemized deductions to $11,500. If Michele is single, is in a 25 percent tax bracket, and is not subject to a phase out of deductions, how much will this $5,200 contribution reduce her taxes? (Round your answer to the nearest whole number.)
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