41. Figure 4-1 Tony and Liz Montey both work for XYZ Corporation where Tony earns $43,000 and Liz earns $45,000.XYZ Corporation does offer a retirement plan for its employees. Tony and Liz have three-year old twin daughters named Trisha and Tasha. The following is information related to their taxes for the current tax year: Gross income Tony's Traditional IRA contribution Liz's Traditional IRA contribution Total itemized deductions Child Credit per child Standard deduction Marginal tax rate $88,000 $2,000 $2,000 $26,400 $2,000 $24,400 12 percent Refer to Figure 4-1. What is Tony and Liz's adjusted gross income? $88,000 $84,000 $80,000 $63.600