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Problem 3-1 (LO3.2) Daniel Simmons arrived at the following tax information: Gross salary $ 57,840 Interest earnings $ 210 Dividend income $ 150 One personal

Problem 3-1 (LO3.2)

Daniel Simmons arrived at the following tax information:

Gross salary $ 57,840 Interest earnings $ 210
Dividend income $ 150 One personal exemption $ 3,700
Itemized deductions $ 6,740 Adjustments to income $ 1,160

What amount would he report as taxable income?

Taxable income $

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