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Misti purchased a residence this year. Misti, age 32, is a single parent and lives with her 1-year-old daughter. This year, Misti received a salary

Misti purchased a residence this year. Misti, age 32, is a single parent and lives with her 1-year-old daughter. This year, Misti received a salary of $160,000 and made the following payments:

State Sales Tax

$200

Home mortgage interest ($500,000 acquisition debt)

$15,000

Real estate taxes

1,525

State income taxes paid

1,340

Income tax preparation fee

2,250

Charitable contributions (cash to their church)

120

Misti files as a head of household. Calculate her taxable income this year.

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