Dan and Maureen file a joint income tax return for 2019. They have two dependent children, ages 7 and 9. Together they earn wages of $830,000. They also receive taxable interest income of $8,000 and interest on City of Los Angeles bonds of $78,000. During 2019, they received a state income tax refund of $3,000 relating to their 2018 state income tax return on which they itemized deductions. Their expenses for the year consist of the following:

Home mortgage interest (on acquisition debt) Interest on credit cards

Real property taxes

Cash charitable contributions

State income taxes withheld

$19,000 2,000 8,300 75,000

48,000

Instructions: Calculate Dan and Maureen's tentative minimum tax liability assuming an AMT exemption amount of $111,700, before any phase-outs. Show your calculations.