Mr. and Mrs. Poe earned $115,900 compensation income and $963 interest this year and recognized a $600 short-term capital gain and a $7,200 long-term capital gain on the sale of securities. They incurred $4,400 investment interest expense and $25,500 other itemized deductions. They have no dependents. Use Individual tax rate schedules and Tax rates for capital gains and qualified dividends. a. Compute the Poe's income tax on a joint return if they don't elect to treat long-term capital gain as investment income. b. Compute the Poe's income tax on a joint return if they elect to treat enough long-term capital gain as investment income to allow them to deduct their investment interest. Complete this question by entering your answers in the tabs below. Required B Required A Compute the Poe's income tax on a joint return if they don't elect to treat long-term capital gain as investment income. Taxable income Income tax Required B Required A Compute the Poe's income tax on a joint return if they elect to treat enough long-term capital gain as investment income to allow them to deduct their investment interest. (Round your intermediate calculations to the nearest whole dollar amount.) Taxable income Income tax