Question: Exercise 10-22 (Algorithmic) (LO. 8) Pedro, who is a single taxpayer, had AGI of $333,200 for 2017. He incurred the following expenses during the year:

Exercise 10-22 (Algorithmic) (LO. 8) Pedro, who is a single taxpayer,

Exercise 10-22 (Algorithmic) (LO. 8) Pedro, who is a single taxpayer, had AGI of $333,200 for 2017. He incurred the following expenses during the year: Medical expenses before 10%-of-AGI limitation $21,740 State and local income taxes $9,996 Real estate taxes $1,999 Home mortgage interest $16,660 Charitable contributions $3,998 Deductible investment interest expense $1,499 . Compute the amount of Pedro's itemized deductions after any applicable reductions and/or limitations. Round your computations to the nearest dollar and use rounded amounts in subsequent calculations

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