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Using the table below, use the 2022 tax code, find out what your taxable income is, filing single. You can assume you take an itemized

Using the table below, use the 2022 tax code, find out what your taxable income is, filing single. You can assume you take an itemized deduction. Also find out what tax bracket you are in and how much you pay in taxes. For simplicity consider your dividend income taxed the same way as your salary income.

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\begin{tabular}{|l|r|l|l|r|} \hline BALANCE SHEET & & & \multicolumn{2}{|l|}{ CASH FLOW STATEMENT (monthly) } \\ \hline ASSETS & & & INCOME & \\ \hline Pension Fund & 12,000 & & Salary & 6,000 \\ \hline & 25,000 & & Short-termCap.Gains & (9,000/12)= \\ Car & 3,000 & & Dividends & (600/12)=50 \\ \hline Bank Balance & 40,000 & & TOTAL & 6800 \\ \hline Stocks & 80,000 & & & \\ \hline TOTAL & & & EXPENSES & \\ \hline & & & Rent & 1,300 \\ \hline LIABILITIES & 5,000 & & Car & 500 \\ \hline Credit Card Balance & 60,000 & & Credit Card pmt. & 150 \\ \hline Student Loan & 25,000 & & Student Loan & 2400 \\ \hline Car Loan & 90,000 & & TOTAL & \\ \hline TOTAL & & & & \\ \hline & & & \\ \hline \end{tabular}

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