Question: Larry, age 52, is employed as an actuary. For calendar year 2023, he had AGI of $100,000 and paid the following medical expenses: Medical insurance premiums $12,000 Doctor and dentist bills 4,000 Eye exams and eyeglasses 1,500 Prescribed medicines 2,000 What is Larry's maximum allowable medical expense deduction for 2023 assuming he itemizes his deductions? Group of answer choices $12,000 $19,500 $16,000 $8,400 $14,900