A Single Taxpayer Provided the Following Information for 2019 What Is Taxable Income?
A)$71,000
B)$67,800
C)$80,000
D)$67,000

question 58

Multiple Choice

A single taxpayer provided the following information for 2019: $$\begin{array} { | l | r | } \hline \text { Salary } & \$ 80,000 \\\hline \text { Interest on local government bonds } & 4,000 \\\text { (qualifies as a tax exclusion) } & \\\hline \text { Allowable itemized deductions } & 13,000 \\\hline\end{array}$$ What is taxable income?

• A)$71,000
• B)$67,800
• C)$80,000
• D)$67,000

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Definitions:

Capillaries

Tiny blood vessels that connect arteries and veins, facilitating the exchange of oxygen, nutrients, and waste between blood and tissues.

Filtration

A physical or mechanical process used to separate solid particles from fluids or gases by passing them through a filter medium.

ATP

Adenosine triphosphate, an energy-carrying molecule found in the cells of all living things, which captures chemical energy obtained from the breakdown of food molecules.

Diffusion

The process by which molecules move from an area of higher concentration to an area of lower concentration.