Determine the amount of taxes owed or the refund that would result in this situation: Filing Status: Married filing jointly Gross Income: $125,000 Adjustments: $6,900 Itemized Deductions: $10,400 Credits and Withholdings: $15,000 a. What is their adjusted gross income (AGI)? b. Should they itemize or take the standard deduction? itemize take the standard deduction c. Use the simplified 2018 tax tables to determine their taxable income. *Remember to subtract the deduction to determine the taxable income. d. Determine their tax using the 2018 tax table e. What is their final tax refund or amount still owed (if they owe enter the number as a negative)