Calculate the amount of these expenses that simon is able


Simon lost $5,900 gambling this year on a trip to Las Vegas. In addition, he paid $2,410 to his broker for managing his $241,000 portfolio and $1,445 to his accountant for preparing his tax return. In addition, Simon incurred $2,990 in transportation costs commuting back and forth from his home to his employer's office, which were not reimbursed. Calculate the amount of these expenses that Simon is able to deduct, assuming he itemizes his deductions, in each of the following situations:

A)Simon's AGI is $36,400

 

B)Simon’s AGI is $210,200.

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Managerial Accounting: Calculate the amount of these expenses that simon is able
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