Mr. and Mrs. Jones (both age 50) had adjusted gross income (AGI) of $79,800 for 2022. They file a joint 2022 tax return. The Jones do not itemize (they use the standard deduction). What is the Jones taxable income and income tax liability for 2022? (HINT: please refer to the formula on page 1-5 in your textbook to confirm your understanding of taxable income and income tax liability.)