3 (Chapter 10) Jermaine's filing status is single, he has AGI of $70,000, and the...

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Accounting

3 (Chapter 10) Jermaine's filing status is single, he has AGI of $70,000, and the following expenses for 2021: Charitable contribution (cash) State income tax (500) (6,000) Property tax (11,000) Grocery store expenses (5,000) Medical expenses (5,300) Mortgage interest on personal residence (1,000) Should Jermaine itemize or take the standard deduction? Why? Show your work to receive full credit

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