Ali and Alex Arnaud are married with no dependent children. Ali worked for Smart Tech Corporation January through March and for Computer Associates the remainder of the year. Alex completed a degree in November and immediately began as an associate with Smith and Weber. They report the following information for 2022. Use Individual Tax Rate Schedules and Standard Deduction Table. Alis salary from Smart Tech $ 32,000 Alis salary from Computer Associates 142,000 Alex's salary from Smith and Weber 15,550 Interest from savings account 700 Itemized deductions 9,000 Dividends eligible for 15% rate 2,200

Required:

Compute AGI.

Compute taxable income. Compute net tax liability (after credits).