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Paul, a single taxpayer, reported the following items: salary. $7500 revenue from hobby. 5000 interest exp. on original loan to purchase home. 11,000 taxes on

Paul, a single taxpayer, reported the following items:

salary. $7500

revenue from hobby. 5000

interest exp. on original loan to purchase home. 11,000 taxes on home. 5,700

state income taxes paid. 4,300

expenses of hobby. 8,500

Compute Pauls taxable income for 2021.

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