Question: Exercise 12-26 (Algorithmic) (LO. 5) Yanni, who is single, provides you with the following information for 2017: Salary State income taxes Mortgage interest expense Charitable

Exercise 12-26 (Algorithmic) (LO. 5) Yanni, who is single, provides you with the following information for 2017: Salary State income taxes Mortgage interest expense Charitable contributions Interest income Personal exemption $85,000 8,500 7,650 1,700 1,275 4,050 Click here to access the exemption table. If required, round your answers to the nearest dollar Compute the following: a. Yanni's taxable income: b. Yanni's base: c. Yanni's tentative minimum tax: 64,375 | 21,350 X 5,551X
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