A man earned wages of $42,000, received $2600 in interest from a savings account, and contributed $2800 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3100 and had deductions totaling $5220. Find his gross income, adjusted gross income, and taxable income. His gross income was $ (Simplify your answer.)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A man earned wages of $42,000, received $2600 in interest from a savings account, and contributed $2800 to a tax-deferred retirement plan. He
was entitled to a personal exemption of $3100 and had deductions totaling $5220. Find his gross income, adjusted gross income, and taxable
income.
His gross income was $ - (Simplify your answer.)
Transcribed Image Text:A man earned wages of $42,000, received $2600 in interest from a savings account, and contributed $2800 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3100 and had deductions totaling $5220. Find his gross income, adjusted gross income, and taxable income. His gross income was $ - (Simplify your answer.)
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