Mason Phillips, age 45, and his wife, Ruth, live at 230 Wood Lane, Salt Lake City, UT 84101. Mason's Social Security number is 111-11-1111. Ruth's Social Security number is 123-45-6789. Mason and Ruth are cash basis taxpayers and had the following items for 2015: Salary of $140,000. Bad debt of $30,000 from uncollected rent. Collection of unpaid rent from a prior year of $6,000. Sale of 1244 stock resulting in a loss of $105,000. The stock was acquired eight months ago. Rental income of $60,000. Rental expenses of $33,000. Casualty loss on rental property of $10,000. Personal casualty loss (from one event) of $20,000. Theft loss of $5,000 on a computer used 100% associated with their jobs. Theft loss of $8,000 on a painting held for investment. Other itemized deductions of $18,000. Federal income tax withheld of $3,000. Please use Excel file to compute tax to be paid or refund due. AGI is $60,000.