Valeria, age 70 and single, has $1,000 of dividend income from her investment account and...

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Accounting

Valeria, age 70 and single, has $1,000 of dividend income from her investment account and $5,000 of earnings from working as a
waitress. She is claimed as a dependent by her son. Compute Valeria's standard deduction and taxable income.
$5,400- standard deduction; $6,000-taxable income
$7,250- standard deduction; $0- taxable income
$7,250- standard deduction; $6,000- taxable income
$5,400- standard deduction; $0- taxable income
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