This year, lucke, a single taxpayer, received a salary of $90,000 and dividend income of $5,000. He also purchased a home and paid the following expenses.

Real estate taxes on home	$9,600
Automobile registration based on car's value	500
Interest on debt of $800,000 to buy home	8,000
Charitable contributions	6,000
Investment management fees	4,000

What is Lucke taxable income?

$71,500

$70,900

$66,900

$71,000