(Answered) Question - duke and pat collins have adjusted gross income

Accounting

Question - Duke and Pat Collins have adjusted gross income of $500,000 for 2010. They have itemized deductions of $20,000 consisting of $8,000 in medical expenses that exceed 7.5% of adjusted gross income, $3,000 in property taxes, $4,000 in housing interest, and $5,000 in miscellaneous itemized deductions that exceed 2 percent of adjusted gross income. What is the amount of their itemized deductions?

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