personal finance questions 1, 5, 6 & 9 please

1. Computing Taxable income. Ross Martin arrived at the following tax information: Gross salary, $56,145 Interest earnings, $205 Dividend income, $65 Standard deduction, $12,000 Itemized deductions, $11,250 Adjustments to income, $1,200 What amount would Ross report as taxable income? What amount would Imari report as taxable income? 5. Calculating Average Tax Rate. What would be the average tax rate for a person who paid taxes of $4,584 on a taxable income of $41.670? 6. Determining a Refund or Taxes Owed. Based on the following data, would Ann and Carl Wilton receive a refund or owe additional taxes? Adjusted gross income: $42,686 Standard deduction: $24,000 Child care tax credit: $100 Federal income tax withheld: $1,490 Tax rate on taxable income: 10 percent 9. Opportunity Cost of Tax Refunds. If 400,000 people each receive an average refund of $2,450, based on an interest rate of 3 percent, what would be the lost annual income from savings on those refunds? 151