Jack (age 30) and Victoria (age 29) are married and have three children ages 6, 9, and 14. Their salaries for the year amounted to $87,659 and they received $4,150 of taxable interest income. Jack and Victorias deductions for adjusted gross income amounted to $2,250, and their itemized deductions were $11,257. Jack and Victoria file a joint income tax return for 2015.

Calculate the following amounts:

Adjusted gross income

Itemized deduction or standard deduction amount

Number of exemptions and amount of exemptions

Taxable income

Income tax liability