What is mercedess taxable, Business Law and Ethics

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What is mercedess taxable

What is Mercedes's Taxable Income for 2013? Assume she is 35 years old and is single and has no dependents. Assume further that Mercedes's AGI is $60,000 and that she made a charitable contribution of $200 (which would be her only itemized deduction).

a. $60,000
b. $59,800
c. $53,100
d. $50,000

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Business Law and Ethics: What is mercedess taxable

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