Deductions from Adjusted Gross income, Calculating Tax Liability (LO. 3, 5) Arthur and Cora are married and have 2 dependent children. They have a gross income of $95,000. Their allowable deductions for adjusted gross income total $4,000, an they have total allowable itemized deductions of $14,250. The standard deduction for 2017 is $12,700 and the personal exemption is $4,050o. Refer to the Tax Rate Schedules to answer the following questions. Round intermediate computations and final answer to the nearest dollar Note: The child tax credit in 2017 is $1,000 per child. a. Arthur and Cora's 2017 taxable income is b. Arthur and Cora's 2017 income tax is c.If Arthur has $2,900 and Cora has $3,600 withheld from their paychecks then they