Jennifer and Jamar are married and live in a home with their $13-$year$-$old dependent child, Jade. This year, they had the following tax information.

Jamar$$s salary $ $60,000$

Jennifer$$s Qualified Business Income from sole proprietorship $95,000$

Dividend income $2,800$

Deduction for self$-$employment tax $6,712$

Itemized deductions $19,200$

Compute adjusted gross income $($AGI$)$ and taxable income.