Meredith and Derek are married and file a joint tax return. Meredith and Derek earned salaries this The couple received salary income of $$78,137$ and qualified business income of $$20,129$ from an investment in a partnership. In addition to their salaries, they received interest of $$629$ from municipal bonds and $$1,473$ from corporate bonds. Derek received alimony from prior spouse in the amount of $$6,482($under a divorce decree effective June $1,2020).$ Meredith and Derek are allowed to claim a $$2,000$ child tax credit for their son, Bailey. Meredith and Derek paid $$28,847$ of expenditures that qualify as itemized deductions.

What is Meredith and Derek's taxable income?