Johnathan and Rebecca are married and file a join return. In 2019, Johnathan earned $75,000 from his job as a medical assistant. Johnathan is a participant in his employer's medical plan and his employer pays his premiums of $5,000 per year. Rebecca earned $50,000 in her entry level accounting job. Rebecca is studying for the CPA exam. Her employer requires her to belong to the Colorado Society of CPAs in anticipation of completing her licensure. The company pays her dues of $300 per year so she can maintain her membership. In 2019, Johnathan's aunt Gertrude sent him a check for $10,000 because he was her favorite nephew. Rebecca owns City of Metropolis bonds that paid interest of $500 for the year. The couple had the following other expenses for 2019: Out of pocket medical costs $7,000 State income taxes $4,000 Mortgage principal $12,000 and interest $5,500 Federal income taxes $10,000 Charitable contribution paid to a 501c3 organization $10,000 The standard deduction for a married couple for 2019 was $24,400. Based upon the above facts, provide your answer to calculate the following: Question 1 7 pts What is Johnathan and Rebecca's Gross Income? $125,000 $125,500 $130,000 $140,800 Question 2 7 pts What is Johnathan and Rebecca's Adjusted Gross Income? $125,000 $125,500 $130,000 $140,800 Question 3 7 pts What is Johnathan and Rebecca's Taxable income? $100,600 $105,500 $88,500 $125,000 Question 4 4 pts Johnathan and Rebecca with take the deduction of because it is the of the two options