Solve the problem. Refer to the table if necessary.
Matt is single and earned wages of $32,315. He received $445 in interest from a savings account. He contributed $485 to a tax-deferred retirement plan. He had $595 in itemized deductions from charitable contributions. Calculate his taxable income.
A. $25,330
B. $37,295
C. $27,630
D. $21,875
Answer: D
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