Required information The following information applies to the questions displayed below] In 2020, Janet and Ray are married filing jointly. They have five dependent children under 18 years of age taxable income is $2,400,000, and they itemize their deductions as follows state income taxes of $10,000 interest expense of $25,000 (acquisition debt of $300,000). Use Exhibit 8-5 and Tax Rate Schedule for re a. What is Janet and Ray's AMT? Janet and Ray's AMT