Mr. RG, an unmarried individual, had the following income items. Salary$512,100 Interest income19,700 Dividend eligible for 20% rate31,000He had $34,000 itemized deductions (none of which were medical expense, investment interest expense, or casualty, theft, or gambling loss) and four dependent children (ages 5 through 15) plus two dependent parents who live in his home. Compute Mr. RGs income tax.Individual Tax Rate:http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/Individual%20tax%20rate.pngStandard Deduction Table:http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/standard%20deduction%20table.pngAGI – ?Taxable Income – ?Income Tax – ?Mr. RG, an unmarried individual, had the following income items.He had $34,000 itemized deductions (none of which were medical expense, investment interest expense, or casualty, theft, or gambling loss) and four dependent children (ages 5 through 15) plus two dependent parents who live in his home. Compute Mr. RGs income tax.Individual Tax Rate:http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/Individual%20tax%20rate.pngStandard Deduction Table:http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/standard%20deduction%20table.png