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36. Based on the following information, what is the 2017 taxable income for a married couple with two children? Total income $100,000 Excludable income 2,000

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36. Based on the following information, what is the 2017 taxable income for a married couple with two children? Total income $100,000 Excludable income 2,000 Deductions for AGI 5,000 Allowable itemized deductions 8,000 100,000 (2,00) 98,000 16,000 93,000 18, CO) 85,000 112,700) (40 50x2) 2,200 a. $87,000 b. $79,600 c. $74,200 d. $72,200

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