Nathan $($SSN $412-34-5670)$ is married with two children. He files returns jointly with his wife and has AGI of $$405,000.$ He also has the following AMT adjustments and preferences: Itemized deductions: Itemized Deduction Regular Tax AMT Deduction AMT Adjustment Medical after floor $ $5,375$ Taxes $34,354$ Mortgage interest $14,900$ Charitable contributions $18,000$ B$)$ Depreciation of a rental property purchased in August $2011$ for $$210,000.$ C$)$ Depreciation on personal property: Asset Date Purchased Cost MACRS Life or AMT MACRS Depreciation AMT Depreciation Adjustment Computer $102/12/18$ $ $2,900$ Furniture $102/12/1812,000$ D$)$ Incentive stock option: Nathan exercises options to purchase $3,000$ shares at $$19$ per share when the market value is $$26.$