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Question 5 1 pts Walter is an executive for IBM. He files as a single taxpayer for 2020. He deducted charitable contributions of $7,000, real

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Question 5 1 pts Walter is an executive for IBM. He files as a single taxpayer for 2020. He deducted charitable contributions of $7,000, real estate taxes of $2,000, state income taxes of $4,000, and mortgage interest of $3,000 on $30,000 of acquisition indebtedness on his home. Walter's regular taxable income is $100,000. What is Walter's AMTI? $110,000 $106,000 $102,000 $108,000

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