Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions. In addition, they have legitimate itemized deductions totaling $25,750. Their total income from wages is $216,500.

Alan and Sara Winthrop are a married couple who file a jointincome tax return. They have two children, so they claim atotal of4exemptions. In addition, they have legitimate itemized deductions totaling $2s,75o. Their total income from wages is$216,5oo. Assume the following taxtable is applicable: Married Couples Filing Joint Returns If Your Taxable You Pay This Plus This Percentage Average Tax Amount on the on the Excess over the Rate at Income Is Base of the Bracket Top of Bracket Base Up to $18,450 10.0% 10.0% $18,450-$74,900 1845.00 15.0 13.8 19.4 10,312.50 25.0 $74,900-$151,200 $151,200-$230,450 29,387.50 28.0 22.4 33.0 $230,450-$411,500 51,577.50 27.1 $411,500-$464,850 111,324.00 35.0 28.0 Over $464,850 39.6 129,996.50 39.6 What is their federal tax liability? O a. $37,421.50 O b. $35,981.50 O $36,341.00 O d. $38,140.50 O e. $35,622.25