6. Calculating taxable income for a married couple filing jointly. Ethan and Zoe Wilson are mar- ried and have one child. Ethan is putting together some figures so that he can prepare the Wilson's joint 2014 tax return. He can claim three personal exemptions (including himself). So far, he's been able to determine the following with regard to income and possible deductions: Total unreimbursed medical expenses incurred Gross wages and commissions earned IRA contribution $ 1,155 50,770 5,000 5,200 Capital gains realized on assets held less than 1,450 12 months Mortgage interest paid Income from limited partnership 200 Job expenses and other allowable deductions 875 Interest paid on credit cards 380 Dividend and interest income earned 610 Sales taxes paid 2,470 Charitable contributions made 1,200 Capital losses realized 3,475 Interest paid on a car loan 570 Alimony paid by Ethan to his first wife 6,000 Social Security taxes paid 2,750 Property taxes paid 700 State income taxes paid 1,700 Given this information, how much taxable income will the Wilsons have in 2014? (Note: Assume that Ethan is covered by a pension plan where he works, the standard deduction of $12,400 for married filing jointly applies, and each exemption claimed is worth $3,950.)