Santinis new contract for $2022$ indicates the following compensation and benefins:

Santini is $54$ years old at the end of $2022.$ He is single and has no dependemts. Assume that the employer matches $$1$ for $$1$ for the

first $$6,000$ that the employee contributes to his $401k)$ during the year. The restricted stock grant is $500$ shares granted when the

market price was $$5$ per share. Assume that the stock vests on December $31,2022$ and that the market price on that date is $$52\mathrm{.}50$

per share. Also assume that Santini is willing to make any elections to reduce equity$-$based compensation taxes. The Hawail trip was

given to him as the outstanding salesperson for $2021.$ The group$-$term life policy gives him $$150\mathrm{.}000$ of coverage. Assume that $ antini

does not itemize deductions for the year.

Determine Santini's taxable income and income tax liability for $2022.$ Use Tax fate schedules and Exhibit $12-8.$

Note: Round your answers to the nearest whole dollor omount.

$2022$ Tax Rate Schedules

Individuals

Schedule X$-$Single