Randy and sharon are married and have two dependant children. Their 2019 tax and other related information is as follows. Total Salaries: $160,000, Bank account interest income: $3,500, Municipal bond interest income: $1,500, Value of employer provided medical insurance: $12,500, Value of premiums for $50,000 of group term life insurance: $5,500, Dividend income from ABC stock: $2,000, Loan from Randy's parents: $5,000, Gift from randy's parents: $10,000, Gain from the sale of qualified small business stock acquired in 2008: $18,000, total itemized deductions: $27,000. Compute Randy and Shaon's taxable income ( show all calculations in good form)