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  Taxable Income Components	Amount (USD)
  Gross Income	$90,000
  Deductions and Exemptions	($18,000)
  Taxable Income	$72,000
  Tax Rate (20%)	($14,400)
  _________________________________
  Total Tax Liability	$14,400

  Requirements:

  1. Compute the taxable income for an individual with a gross income of $90,000 and deductions/exemptions totaling $18,000.
  2. Apply a tax rate of 20% to determine the tax liability.
  3. Present all amounts in USD.
  4. Highlight the total tax liability.