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. Ruths social security number is 123-45-6789. Mason and Ruth are cash basis taxpayers and had the following items for 2019:

- 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 (property is managed by Mason and Ruth).

- Rental expenses of $33,000.

- Casualty loss on rental property of $10,000.

- Personal casualty loss (from one event) of $3,000; not in a Federally delcared disaster area.

- Theft loss of $8,000 on a painting held for invertment.

- Other itemized deductions of $21,000.

- Federal income tax withheld of $3,000.

Compute Mason and Ruth's 2019 Federal Income Tax Payable (or refund due).

Married Filing Jointly