Jim works as a manager for a local supply store and Kim has a small part time job at a gift shop. They file MFJ. Jim is 36 and Kim is 32. They received the following income during 2019. Jim's wages 89,000 10,000 ABC Company - Qualified Dividends 700 zY2, Inc. - Nonqualified dividends 100 Interest from Central Bank 36 Interest from City Credit Union Interest from Prattville Municipal bond Long Term Capital Gain from sale of stock 1,000 Kim's wages 100 400 They had the following deductions: Deductible IRA Contribution 3,000 Total Itemized deductions 15,200 They have three children, Bella (10), Ashley (8) and Marc (5) They had $4,000 in federal withholding Calculate and label: Gross Income AGI Taxable income Total Tax liability Tax Due or Refund Average Tax rate Effective tax rate LABEL YOUR ANSWERS CLEARLY