Through November, Tex has received gross income of $57,500. For December, Tex is considering whether to accept one more work engagement for the year. Engagement 1 will generate $7,850 of revenue at a cost of $3,650, which is deductible for AGI. In contrast, engagement 2 will generate $7,850 of revenue at a cost of $4,200, which is deductible as an itemized deduction. TAx files as a single taxpayer.

a.

Calculate Tex's taxable income assuming he chooses engagement 1 and assuming he chooses engagement 2. Assume he has no itemized deductions other than those generated by engagement 2.

b.	Calculate Tex's taxable income assuming he chooses engagement 1 and assuming he chooses engagement 2. Assume he has $4,500 of itemized deductions other than those generated by engagement 2.

c.	Calculate Tex's taxable income assuming he chooses engagement 1 and assuming he chooses engagement 2. Assume he has $7,120 of itemized deductions other than those generated by engagement 2.