The rent on an apartment you like is ​$1250 per month. The monthly mortgage payment for a house you like would be ​$1300​, of which approximately ​$900 would go toward interest. Decide whether your monthly expense would be higher for the apartment or the house in the following cases. Assume you are single and assume the 2021 value of ​$12 comma 550 for the standard deduction. Complete parts​ (a) and​ (b). Question content area bottom Part 1 a. You are in the 24​% tax​ bracket, and besides the mortgage interest​ deduction, you also have deductible expenses of ​$5000 for charitable donations and ​$7900 for state and local taxes. It is cheaper to own ​, with a monthly expense of ​$    1084. ​(Round to the nearest dollar as​ needed.) Part 2 b. You are in the 22​% tax​ bracket, and besides the mortgage interest​ deduction, you also have deductible expenses of ​$900 for charitable donations and ​$1900 for state and local taxes. It is cheaper to rent ​, with a monthly expense of ​$    enter your response here.