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 $120,000 and made the following payments:

Medical costs

$2,000

Home mortgage interest ($500,000 acquisition debt)

$15,000

Real estate taxes

1,500

State income taxes paid

11,000

Income tax preparation fee

1,250

Charitable contributions (cash to their church)

1,000

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