Frank, age 35, and Joyce, age 34, are married and file a joint income tax return for 2010. Their salaries for the year total $83,000 and they have taxable interest income of $4,000. They have no deductions for adjusted gross income. Their itemized deductions are $12,000. Frank and Joyce do not have any dependents.

a. What is the amount of their adjusted gross income? $ ____________

b. What is their deduction for personal exemptions? $ ____________

c. What is the amount of their taxable income? $ ____________