Daniel Simmons arrived at the following tax information: Gross salary: $62,250 Dividend income $140 Itemized deductions: $7,000

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Question:

Daniel Simmons arrived at the following tax information:

Gross salary: $62,250

Dividend income $140

Itemized deductions: $7,000

Interest earnings $75

One personal exemption $4050

Adjustments to income $850

What amount would Daniel report as taxable income?