3. Willie and Anna Belle are married. They have two children, Ralph (age 10) and student who Willie and Anna Belle support. The following is their tax information for 2 e two children, Ralph (age 10) and Fred (age 19). Fred is a full-time 5,000 Anna Belle's salary $90,000 Inheritance from Willie's uncle 100,000 Insurance proceeds on life of uncle 500,000 Interest on Bibb County Municipal Bond 5,000 Interest on GM Bond 4,000 Anna Bell's Roth IRA contribution Moving Expenses 4,000 Long-term capital loss on sale of stock 6,000 Medical Expenses 9,000 Mortgage Interest Expense on first mortgage 12,000 Charitable Contribution 5,000 Interest on home equity loan 3,000 State Income Taxes withheld 3,000 Real Estate Taxes on Home 9,000 Uniforms for Anna Belle's nursing job 1,000 Tax Preparation fee to H&R Block 500 In addition, Hurricane Michael caused $15,100 worth of damage on their pool house, built in July after Uncle Bob died. The homeowner's insurance did not cover the loss because Annabelle forgot to have this property listed on their insurance policy. Assume they file a joint return. Calculate their adjusted gross income, taxable income, and tax liability for 2015. 3. Willie and Anna Belle are married. They have two children, Ralph (age 10) and student who Willie and Anna Belle support. The following is their tax information for 2 e two children, Ralph (age 10) and Fred (age 19). Fred is a full-time 5,000 Anna Belle's salary $90,000 Inheritance from Willie's uncle 100,000 Insurance proceeds on life of uncle 500,000 Interest on Bibb County Municipal Bond 5,000 Interest on GM Bond 4,000 Anna Bell's Roth IRA contribution Moving Expenses 4,000 Long-term capital loss on sale of stock 6,000 Medical Expenses 9,000 Mortgage Interest Expense on first mortgage 12,000 Charitable Contribution 5,000 Interest on home equity loan 3,000 State Income Taxes withheld 3,000 Real Estate Taxes on Home 9,000 Uniforms for Anna Belle's nursing job 1,000 Tax Preparation fee to H&R Block 500 In addition, Hurricane Michael caused $15,100 worth of damage on their pool house, built in July after Uncle Bob died. The homeowner's insurance did not cover the loss because Annabelle forgot to have this property listed on their insurance policy. Assume they file a joint return. Calculate their adjusted gross income, taxable income, and tax liability for 2015