Nick and Jilly Bearden are married with one son named Dakota who is 3 years old. Nick is an attorney who earned $230,000 annually and Jilly is a stay-at-home mom who makes $26,000 annually from her business of writing greeting cards. In addition to income from their employment, Nick and Jilly have an investment income of $35,000, which includes dividends, interest, and gains. Included in the $35,000 is $13,000 of interest from private activity bonds issued by the City of Olden. In the three years prior to 2020, the Beardens have paid AMT of $9,000. During 2020, the Nick and Jilly decided to adopt a child from Kenya. They incurred $15,000 in qualified adoption expenses in 2020, but the adoption was not finalized until 2021.

What is Nick and Jilly's 2020 tax liability?