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Problem 4-1 Computing Taxable income [LO4-2] Ross Martin arrived at the following tax information: Tax Information Gross salary Interest earnings Dividend income Standard deduction Itemized

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Problem 4-1 Computing Taxable income [LO4-2] Ross Martin arrived at the following tax information: Tax Information Gross salary Interest earnings Dividend income Standard deduction Itemized deductions Adjustments to income $ 56,145 205 65 12,000 11, 250 1,200 What amount would Ross report as taxable income? Answer is complete but not entirely correct. Taxable income $ 31.965

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