G Had Income and Expenses as Follows for the Current $\quad$

Multiple Choice

G had income and expenses as follows for the current taxable year: Total income $\quad$$\$ 32,400$
Exclusions (municipal bond interest) $\quad$ 2,000
Deductions for A.G.I. $\quad$$\quad$$\quad 1,200$
Total itemized deductions $\quad$$\quad$ 9,920
Standard deduction $\quad$$\quad$ 5,150
Exemption deductions $\quad 6,600$ What are G's adjusted gross income and her taxable income, respectively? Assume all amounts are correct.

A) $29,200; $12,680
B) $31,200; $14,680
C) $29,200; $17,050
D) $28,000; $12,680