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 $840. Joe and Jessie have summarized the income and expenses they expect to report this year as follows:

Income:
Joe's salary	$ 135,000
Jessie's craft sales	18,490
Interest from certificate of deposit	1,740
Interest from Treasury bond funds	734
Interest from municipal bond funds	938
Expenditures:
Federal income tax withheld from Joe's wages	$ 13,700
State income tax withheld from Joe's wages	6,580
Social Security tax withheld from Joe's wages	7,518
Real estate taxes on residence	6,380
Automobile licenses (based on weight)	328
State sales tax paid	1,240
Home mortgage interest	16,900
Interest on Masterdebt credit card	2,480
Medical expenses (unreimbursed)	1,780
Joe's employee expenses (unreimbursed)	2,580
Cost of Jessie's craft supplies	5,250
Postage for mailing crafts	154
Travel and lodging for craft shows	2,320
Self-employment tax on Jessie's craft income	1,680
College tuition paid for Lizzie	5,960
Interest on loans to pay Lizzie's tuition	3,380
Lizzie's room and board at college	12,800
Cash contributions to the Red Cross	570

a. Determine Joe and Jessie's AGI and taxable income for the year.

Note: Round your intermediate calculations to the nearest whole dollar amount.