Blake and Valerie Meyer (both age 30) are married with one dependent child (age 5) . Blake's gross salury fhom his corporate employer weas $oooo, ad Setion 401g comribumtion wes $6.300. . Valerie's salary from GuiTech, an S corporation, was $29,400 stock Her pro rata share of GuiTech's ordinary business income was $13,790, her pro rata share of GuiTech's net loss from rental real estate was $8.100, and she received a $12,000 cash distribution from GuiTech . Blake . Valerie won $6.400 in the Maryland state lottery a $12,000 cash gift from his grandmother received a distribution from their investment in Pawnee Mutual Fund that consisted of a $712 qualifying dividend and a erm capital gain. $3,020 I . Blake paid $12,000 alimony to a former spouse. . The Meyers paid $14,200 home mortgage interest on acquisition debt and $2780 property tax on their personal residence. . The Meyers paid $7000 state income tax and $4 200 state and local sales tax . Valerie contributed $1,945 to the First Baptist Church. t taxable year is 2017 Use Individual tax rate schedules and Standard deduction table (Do not round Intermedlate calculations. Round your final answers to the nearest whole dollar amount.) 8 Answer is complete but not entirely correct 98,922 50,297 Taxable income 6.442 03 80,777 AMT