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Wes is single with a taxable income of $221,500. He itemizes his deductions. (Simplify your answers and round to the nearest cent.) a. How

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Wes is single with a taxable income of $221,500. He itemizes his deductions. (Simplify your answers and round to the nearest cent.) a. How much would his tax bill be reduced if he contributed $2,800 to a tax-deductible fundraiser? Tax savings: b. How much would his tax bill be reduced if he were entitled to a $2,800 tax credit? Tax savings: 2.

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