Ethan and Zoe Wilson are married and have one child. Ethan is putting together some figures so that he can prepare the Wilsons joint 2014 tax return. He can claim three personal exemptions (including himself). So far, hes been able to determine the following with regard to income and possible deductions: Total unreimbursed medical expenses incurred $1,155 Gross wages and commissions earned 50,700 IRA contribution 5,000 Mortgage interest paid 5,100 Capital gains realized on assets held less than 12 months 1,500 Income from limited partnership 200 Job expenses and other allowable deductions 850 Interest paid on credit cards 380 Dividend and interest income earned 620 Sales taxes paid 2,470 Charitable contributions made 1,250 Capital losses realized 3,450 Interest paid on a car loan 590 Alimony paid by Ethan to his first wife 6,000 Social Security taxes paid 2,750 Property taxes paid 750 State income taxes paid 1,600 Given this information, how much taxable income will the Wilsons have in 2014? (Note: Assume that Ethan is covered by a pension plan where he works, the standard deduction of $12,400 for married filing jointly applies, and each exemption claimed is worth $3,950.) Do not round your intermediate calculations