Question: Using the information below, prepare a spreadsheet that will calculate an individual's taxable income. The spreadsheet should be flexible enough to accommodate single and married

Using the information below, prepare a spreadsheet that will calculate an individual's taxable income. The spreadsheet should be flexible enough to accommodate single and married taxpayers as well as changes in the information provided below.

Number of dependents .......................................... 2

Salary ...................................................... $75,000

Interest ....................................................... 8,000

Deductions for adjusted gross income .................. 2,800

Deductions from adjusted gross income ............... 14,000

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