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Victor is not married and supports Victor's 12 year old child who lives with Victor and has gross income of $2,650 (the child's gross income).

Victor is not married and supports Victor's 12 year old child who lives with Victor and has gross income of $2,650 (the child's gross income). Victor works as a self-employed realtor and earned commissions of $134,000 during 2019. Victor's business expenses were $14,900 and the only other income was interest of $7,300. Victor's other information follows:

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VlCtDt' is not married and supports Victor's 12 year old child who lives with Victor and has gross income of $2,650 {the child's gross income). Victor works as a self-employed realtor and earned commissions of $134,000 during 2019. Victor's business expenses were $14,900 and the onlyr other income was interest of $72300. Victor's other information follows: Contribution to solo{k) retirement plan ............................ $4,500 Loss on sale of Alphatech stock held 2 years ................. $ -3,?00 Mortgage interest on primary residence .......................... $12,950 State and local property tax on residence ........................ $3,350 Property tax included in personal auto registration .............. $160 State sales taxes paid .................................................. $3T0 State income taxes paid ............................................... $2,800 Charitable contributions of cash ...................................... $1 ,000 Political contributions. .................................................. $550 la." information is for 2019. Calculate Victor's adjusted gross income and taxable income. Show your work! AGI=$ Taxable Income = $

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