please answer all questions

All final answers must be rounded to the nearest $10

21. In 2021, Dan Davis, age 85 and single, received Social Security benefits of $14,000, dividend and interest payments of $21,000, a taxable pension of $30,000 and a taxable IRA distribution of $16,000. What is the amount of Dan's adjusted gross income for 2021? A $80,400 B 78,900 78,390 D 67,000 E None of the above 22. During 2021, Albert redeems qualifying Series EE savings bonds for $6,000 -- consisting of $2,000 interest and $4,000 principal. Albert has net qualifying education expenses of $5,000 in 2021. Albert, a single individual, reports adjusted gross income (without the savings bond interest) of $20,000. How much may Albert exclude on his 2021 Form 1040? A $1,670 B 1,000 2,000 D 330 E None of the above 23. Louise Lewis, age 72, is married and supports her mother, age 96. During 2021. Louise pays $1,300 for prescription medicine for her mother, who is claimed as a dependent, $1,000 for prescription medicine for her husband, and $3,400 for physician bills for herself. Louise's gross income is $140,000 and her adjusted gross income is $100,000. Assuming that Louise has sufficient other deductions to itemize for 2021, how much medical expense will will Louise and her husband actually deduct on their joint 2021 Form 1040? A $1,950 B 5,700 C 0 D 650 E None of the above 24. Five year property costing $25,000 was placed in service on January 11, 2021 and $75,000 of five year property was also placed in service on December 4, 2021. All property is depreciated using MACRS. Neither IRC 179 nor bonus depreciation is claimed. What will be the 2021 depreciation deduction for the $25,000 asset? $ 630 5,000 3,050 12,500 None of the above A B C D E 25. Corp. A purchases and pays 100% of the premium cost for life insurance on all of its employees. Employee Anne Able, age 56, has a policy providing $40,000 of coverage. Assume that Corp. A pays $240.00 actual premium cost for Anne's policy for the year. Based on the above data, Corp. A will include what amount of additional taxable income on Anne's W-2 for the year? A B 260 C 240 D 0 E None of the above $210