George and Tricia Jones are married and have three children, all of whom live at home. The children are ages 13, 11, and 9. George is the CEO of Community Hospital, and his annual salary is $108,500. Community Hospital provides all of its employees with free group-term life insurance ($50,000 in coverage) and free medical and dental health insurance coverage. George's health insurance cost Community Hospital $8,600. The hospital's cost of his group- term life insurance coverage was $5,300. Community Hospital offers a 401(k) plan for its employees, and George elected to contribute $8,750 in 2021. Community Hospital matched his contribution on a dollar for dollar basis. George had federal income tax withholding of $15,100 in 2021. In July, George was recognized for 20 years of employment with the hospital. George received a clock worth $300 and a $1,000 Visa gift card. Tricia is a part-time interior designer, and she received $5,000 of fees from her clients during 2021. (She is considered to be a sole proprietor.) She is also a 10% partner in a partnership which operates a furniture business. She received a $4,000 cash distribution from the partnership this year, and the total partnership net income for 2021 was $70,000. The children are from Tricia's first marriage. Tricia continues to receive alimony from her former husband. Alimony totaled $12,000 for the current year, and her former husband also paid child support in the amount of $6,000. Tricia's divorce was finalized in 2014. George and Tricia received interest income of $100 from a savings account, $175 from a US Treasury bond, and $310 from a bond issued by the City of Tuscaloosa. Also during the year, Tricia received a cash gift of $2,500 from her parents, and George won $1,500 at a casino in Las Vegas in October. George purchased 500 shares of XYZ Corporation stock at the beginning of the year for $50 per share. The stock is currently trading at $35 per share. The deductions for AGI, which include the deduction for self-employment tax, total $9,000. The total self-employment tax liability for Tricia for 2021 is $706. Itemized deductions total $18,500 for 2021. George and Tricia qualify for a $9,000 child tax credit for the three children. Recall that the standard deduction for married filing jointly taxpayers in 2021 is $25,100. Calculate the following: gross income, adjusted gross income, taxable income, tax liability, and tax due/refund for the current year. You must use the individual income tax formula format for your solution and show all work in order to obtain any points for this