Amy (age 40) and Tom (age 55) are married with two dependent children. They file a joint return for 2021. Their income from salaries totals $106,000: they receive $3,000 in taxable interest and $1,500 in dividends. Their deductions for adjusted gross income amount to $3,200; they have itemized deductions totaling $45,000. Calculate the following amounts:

a. Gross income $110500

b. Adjusted gross income $107300

c. Itemized deduction or Standard deduction $45000

d. Taxable Income $62300

e. Income tax liability (you must figure out tax) $ ________

(Use tax table provided)