Use the following scenario to answer both questions: Matthew, age 38, earned a salary of $82,000 in the current year. He paid $3,000 in alimony to his ex-wife under a 2017 divorce and $2,500 in child support. In addition, he sold his shares of Orange Company stock held as an investment for a short-term capital loss of $4,000 and contributed $3,000 to his traditional Individual Retirement Account (IRA). Matthew also incurred medical expenses of $9,500. 1. What is Matthew's adjusted gross income? 60,000 73,000 69,500 72,000 Question 2 1 pts 2. How much of his medical expenses can Mathew claim as part of his itemized deductions? 4,025 5,400 5,475 4,100 Use the following scenario to answer both questions: Matthew, age 38, earned a salary of $82,000 in the current year. He paid $3,000 in alimony to his ex-wife under a 2017 divorce and $2,500 in child support. In addition, he sold his shares of Orange Company stock held as an investment for a short-term capital loss of $4,000 and contributed $3,000 to his traditional Individual Retirement Account (IRA). Matthew also incurred medical expenses of $9,500. 1. What is Matthew's adjusted gross income? 60,000 73,000 69,500 72,000 Question 2 1 pts 2. How much of his medical expenses can Mathew claim as part of his itemized deductions? 4,025 5,400 5,475 4,100