The Following Is a Listing of Tax Considerations for a Family

Multiple Choice

The following is a listing of tax considerations for a family. How much is the family's taxable income? $\begin{array}{ll}B \text { exemptions }&\$3,050&\text { per exemption }\\\text { Salary } & 45,000 \\\text { Real estate taxes } & 5,000 \\\text { Interest from savings ac count } & 1,500 \\\text { Interest from municipal bond } & 2,000 \\\text { Interest on mortgage } & 3,000 \\\text { Contributions to church } & 1,500 \\\text { Loss on sale of stock held for 3 vears } & 6,000\end{array}$

A) $25,800
B) $24,850
C) $30,800
D) $24,300