Community Property $($LO $2\mathrm{.}17)$

In $2023,$ Kelly and Kerry live in California and are married and live together but plan to file separately. Their income for the year is as follows:

Description Kelly Kerry Joint

Wages $$40,000$ $$30,000$

Investment income from Kelly$$s family inheritance $$8,000$

Investment income from joint brokerage account $$1,600$

a$.$ Compute the separate gross income for Kelly and Kerry.

Kelly fill in the blank $1$ of $2$$

$48,000$

Kerry fill in the blank $2$ of $2$$

$31,800$

b$.$ Assume they live in Texas instead of California. Compute the separate gross income for Kelly and Kerry.

Kelly fill in the blank $1$ of $2$$

$48,000$

Kerry fill in the blank $2$ of $2$$

$31,800$