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Problem 14-13 (Algo) [LO 14-3, 14-4, 14-5] Cole, an unmarried individual with no dependents, has the following income items: Interest income Schedule C net

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Problem 14-13 (Algo) [LO 14-3, 14-4, 14-5] Cole, an unmarried individual with no dependents, has the following income items: Interest income Schedule C net profit $ 24,000 57,400 Cole has $9,900 itemized deductions and the Schedule C income is qualified business income (non-service). Required: Compute Cole's income tax. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Tabl Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. AGI Taxable Income Income Tax Amount

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