Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe works as a design engineer for a manufacturing firm, while Jessie runs a craft business from their home. Jessie's craft business consists of making craft items for sale at craft shows that are held periodically at various locations. Jessie spends considerable time and effort on her craft business, and it has been consistently profitable over the years. Joe and Jessie own a home and pay interest on their home loan (balance of $220,000 ) and a personal loan to pay for Lizzie's college expenses (balance of $35,000 ). Neither Joe nor Jessie is blind or over age 65, and they plan to file as married-joint. Assume that the employer portion of the self-employment tax on Jessie's income is $752. Joe and Jessie have summarized the income and expenses they expect to report this year as follows: a. Determine Joe and Jessie's AGl and taxable income for the year. Note: Round your intermediate calculations to the nearest whole dollar amount