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Required information [The following information applies to the questions displayed below.] In 2022, Nadia is single and has $118,000 of regular taxable income. She itemizes

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Required information [The following information applies to the questions displayed below.] In 2022, Nadia is single and has $118,000 of regular taxable income. She itemizes her deductions as follows: real property taxes of $2,400, state income taxes of $2,900, and mortgage interest expense of $14,500 (acquisition indebtedness of $200,000 ). In addition, she receives tax-exempt interest of $2,800 from a municipal bond (issued in 2006) that was used to fund a new business building for a (formerly) out-of-state employer. Finally, she received a state tax refund of $750 from the prior year. Note: Amounts to be deducted should be indicated by a minus sign. 1. What is Nadia's AMTI this year if she deducted $17,250 of itemized deductions last year (including a total of $4,000 of real property axes and state income taxes) and did not owe any AMT last year

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