1.    Computing taxable income for Thomas Franklin with the following information: Gross salary,              $46,660 Interest earning,         $225 Dividend income,        $80 Personal exemption, $3,800   Adjustment...

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1.    Computing taxable income for Thomas Franklin with the following information:

Gross salary,              $46,660

Interest earning,         $225

Dividend income,        $80

Personal exemption, $3,800

 

Adjustment to income, $1,150

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