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You ask Saily and Jim if they have any non-business expenses for the year. They provide you with the following information. - Sally and Jim

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You ask Saily and Jim if they have any non-business expenses for the year. They provide you with the following information. - Sally and Jim have already prepaid some of their 2022 taxes. Sally's cmployer withheld $31,400 of Federal lncome Taxes and $14,200 of State income Taxes. In addition, they have made estimated tax payments of $22,000 for Federal Income Taxes and $12,000 for State Income Taxes. - Sally paid $600 interest on ber car loan. She uses this car for commuting- - Sally and Jim paid $800 for copays for doctor visits and \$1,200 for preseription drugs. - Sally and Jim paid \$19,000 for hospital bills for Sally's clective cosmetic surgery. - During the year, Jim had to have his appendix removed. The total hospital bill was $55,000. The insurance company only reimbursed them for $18,000. Sally and Jim do not expect to receive any more from the insurance company. - Sally and Jim paid $19,500 of home mortgage interest on their home ( $400,000 mortgage). They also paid $17,000 of property taxes on their home. - Sally and Jim contributed $40,000 of cash to the San Diego Zoo, a public charity. As a thank you for donating, the Zoo sent Sally and Jim free zoo tickets and other merchandise, with a total fair market value of $6,000. - Jim paid $700 interest on his credit card. He mostly used this credit card for buying groceries and other household items. a. Determine which expenses qualify as itemized deductions and determine the total allowable amount for itemized deductions. Review previous questions for any other relevant information. Show all work and round all numbers to the nearest dollar. Des Am Total Itemized Deductions =

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