CHAPTER $31$:$8-56$

Gary carned $$97,000$ as an owecutive. Gary, who is single, supported his hall$-$sister, who twes in a nursing home. His hall$-$sister had no Income during the year. Gary recelved the following interest: $$400$ on City of Los Angeles bonds, $$200$ on a money markat account, and $$2,100$ on a toan made to his brother.

Gary spent one weok serving on a jury and recelved $$50.$

Gary recelved a refund of federal income taxes with held during the prior year of $$1,200$ and a state income tax refund of $$140.$ Gary had itemized deductions last year of $$18,000$ which included $$1,000$ of state income taxes.

Cary recelved quallited dividends from Ace Corporation of $$1,000$ and from Tray Corporation of $$1,400.$ Gary's tremized deductions equal $$19,700,$ and witholdingtor federal Income texes is $$14,000.$ Compute Gary's tax due or refund due.