SITUATION: 1. Assume that you are 35 years old, are married with two young children, are renting a condo, and have an annual income of $90,000. Use the following questions to guide your preparation of a rough investment plan consistent with these facts. 2. During 2009, the Allens and the Zells both filed joint tax returns. For the tax year ended December 31, 2009, the Allens' taxable income was $130,000, and the Zells had total taxable income of $65,000. TASKS: Assignment Tasks You shou Task one: In situation 1, What are your key investment goals, and why? Task Two: A wide variety of investments is available to individual investors. Please P(1.2) Critentia ld prepare a report that covers the following tasks: scribe the main characteristics of major types of investments. Task Three: In situation1, how might your stage in the life cycle affect the types ofP(1.3) risks you might take? Task four In situation 2, using the federal tax rates given in Table 1.1 (page 9 in the P(2.1) textbook) for married couples filing joint returns, calculate the taxes fo h the Allens and the Zells. Task five In situation 2, Calculate and compare the ratio of the Allens' to the Zells" P(2.3) taxable income and the ratio of the Allens' to the Zells' taxes. What does this demonstrate about the federal income tax structure? Task six If the Allens and the Zells have respectively $2,000 in profit from sale of a P(2.2) stock they purchased 2 years ago, how much will they pay in federal income taxes according to the federal income tax rates given in table 1.1 in the textbook