(The following information applies to the questions displayed below) In 2019, Nadia has $140,000 of regular taxable income. She itemizes her deductions as follows: real property taxes of $3,500, state income taxes of $4,000, and mortgage interest expense of $20,000 (acquisition indebtedness of $200,000). In addition, she receives tax-exempt interest of $5,000 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 $1,300 from the prior year 6-1. What is Nadia's AMTI this year if she deducted $20,000 of itemized deductions last year and did not owe any AMT last year? (Amounts to be deducted should be indicated by a minus sign.) Description Amount AMTI Required information The following information applies to the questions displayed below) In 2019, Nadia has $140,000 of regular taxable income. She itemizes her deductions as follows: real property taxes of $3,500, state income taxes of $4,000, and mortgage interest expense of $20,000 (acquisition indebtedness of $200,000). In addition, she receives tax-exempt interest of $5,000 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 $1,300 from the prior year. b-1. What is Nadia's AMTI this year if she deducted the standard deduction last year and did not owe any AMT last year? Description Amount