Question: Decide whether a person should itemize his deductions or take the standard deduction in the following case. A person's deductible expenditures are $8300 for interest

Decide whether a person should itemize his deductions or take the standard deduction in the following case.

A person's deductible expenditures are $8300 for interest on a home mortgage, $2800

for contributions to charity, and $670 for state income taxes. His filing status entitles him to a standard deduction of

$11 500.

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