. Alternative Minimum TaxComputation. B is single and reports the following items of income and deductions for the current year (before limitations):

Salary . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$550,000

Net short-term capital gain on sale

of investment property . . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000

Interest income.8,500

Qualifying dividend income...11,750

Medical expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,500

Casualty loss . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14,500

State and local income taxes .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45,000

Real estate taxes. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000

Charitable contributions (all cash) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000

Interest on home mortgage . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 22,000

Investment interest expense...20,000

The only additional transaction during the year was the exercise of an incentive stock option of her employers stock at an option price of $12,000 when the stock was worth $200,000.

Compute Bs regular tax liability and AMT, if applicable for 2021 only.