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Sandy Assam enjoys betting on horse and dog races. This year, she won $ 4 , 3 0 8 and lost $ 6 , 7

Sandy Assam enjoys betting on horse and dog races. This year, she won $4,308 and lost $6,735 on her gambling activities. Assume Sandys marginal tax rate is 24 percent and the taxable year is 2023.
Required:
Compute the after-tax cost of her gambling assuming that she does itemize deductions.
Compute the after-tax cost of her gambling assuming that she doesnt itemize deductions.

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