2) Joe pays the following during 2023: sdi, \$1000; state income taxes, \$6500; property taxes,...
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Accounting
2) Joe pays the following during 2023: sdi, \$1000; state income taxes, \$6500; property taxes, \$1500; sales tax, $500. What are his deductible state taxes on schedule A? a. $6500 b. $7500 c. $9000 d. $9500 e. Some other amount 3) Joe exercised 1000 stock options on 6/23/23 when the market value was $50 per share. Joe's exercise price was $30 per share. Assuming he does not sell the shares by 12/31, what would be his AMT adjustment? a. $50,000 b. $30,000 c. $20,000 d. Some other amount

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