Jason and Mary are married taxpayers in 2018. They are both under age 65 and in good health. For 2018 they have a total of $116,500 in wages and $750 in interest income. Jason and Mary's deductions for adjusted gross income amount to $5,940 and their itemized deductions equal $20,330. They claim two exemptions for the year on their joint tax return.

Table for the standard deduction

Filing Status	2018 Standard Deduction
Single	$ 12,000
Married, filing jointly	24,000
Married, filing separately	12,000
Head of household	18,000
Qualifying widow(er)	24,000

a. What is the amount of Jason and Mary's adjusted gross income? $

b. In order to minimize taxable income, Jason and Mary will ________ in the amount of $.

c. What is their taxable income? $