1. Austin a single individual with a salary of $100000 incurred and paid the fol

1. Austin a single individual with a salary of $100000 incurred and paid the following expenses during the year:Medical expenses $5000Alimony 24000Charitable contributions 2000Casualty loss on business property 8000Casualty loss on rental property 5000Personal casualty gains 3000Personal casualty losses (after $100 floor) 12000Nonbusinessbad debt6000Mortgage intereston personal residence 4500Property taxes on personal residence 4200Moving expenses 2500Contribution to atraditional IRA4000Stateincome taxes1300Unreimbursed employee expenses 2500Investment income 6000Investment expenses 8000Calculate Austins AGI and taxable income.