Ms. Ray is age 46 and single. Her employer made a $2,630 contribution to her qualified profit-sharing plan account, and she made the maximum contribution to her traditional IRA.

1. Compute her IRA deduction if Ms. Rays $46,100 salary is her only income item.
2. Compute her IRA deduction if Ms. Rays $68,430 salary is her only income item.
3. Compute her IRA deduction if Ms. Rays $68,430 salary and $7,290 dividend income are her only income items.

Compute her IRA deduction if Ms. Rays $68,430 salary is her only income item. (Do not round phase-out percentage. Round other intermediate values to the nearest whole dollar amount.)