Mr. and Mrs. Simpson have the following income items: Mr. Simpson's Schedule C net profit $ 91,320 Mrs. Simpson's Schedule C net loss (7,480) Mrs. Simpson's taxable pension 32,300 Interest Income 21,200 Mr. Simpson's self-employment tax was $12.903. The couple has $26,050 itemized deductions. Mrs. Simpson's Schedule C net business profit is qualified business income (non-service). 5 Required: Compute the couple's income tax on a joint return. Assume the taxable year is 2021. Use Individual Tax Rate Schedules and Standard Deduction Table (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Amount $ 130,889 AGI Taxable income Income tax