Phil and Claire (both age 42; neither is blind) are married, file a joint tax return, and have two dependent children living with them, Haley and Alex. Haley, age 20, is currently a full-time student (junior) at Boise State University, and Alex, age 10, is an elementary school student. Phil works as an advertising manager for an Idaho grocery store chain while Claire runs a business from their home. Claires business consists of making soaps and candles for sale at the weekly Boise Farmers Market and craft shows held periodically at various locations in the Boise area. Claire spends considerable time and effort on her business and it has been consistently profitable over the years. Phil and Claire have a student loan to pay for Haleys college expenses (balance of $28,000). They have summarized their 2019 income and expenses below. Based on this summary, determine Phil and Claires AGI, taxable income, and taxes due or (refund) for 2019. Income: Amount Phils salary $ 110,000 Claires soap/candle sales 45,600 Interest from U.S. Treasury bonds 1,250 Expenditures: Federal income tax withheld from Phils wages 15,300 State income tax withheld from Phils wages 6,450 Social Security tax withheld from Phils wages 6,820 Medicare tax withheld from Phils wages 1,595 Property taxes on residence 7,240 Automobile licenses (based on value) 150 State and local sales tax paid 985 Home mortgage interest (loan balance = $155,000) 10,150 Interest on MasterCard credit card (household items) 386 Medical expenses (unreimbursed) 15,190 Phils employee business expenses (unreimbursed) 2,900 Cost of Claires soap/candle supplies 11,300 Postage for mailing soaps/candles 445 Travel and lodging for craft shows 2,250 Out-of-town meals during craft shows 450 Interest expense on loan to pay Haleys school expenses 1,800 College tuition paid for Haley 8,400 College room and board paid for Haley 11,860 Child care expenses for Alex 5,850 Cash contributions to American Red Cross 4,300