Section 2.5: Income Taxes 4. Amal and Reyes are married filing jointly. Their combined salaries are $135,000. They also have savings interest of $245 and they put $3200 (pre-tax savings) in their retirement fund. a. Calculate the couple's adjusted gross income (AGI). [2 points] b. Their itemized deductions are $18,500. State whether they should take the itemized or standard deduction and the amount. [1 point) c. Calculate their taxable income. [2 points) d. Use the 2018 tax tables to calculate the taxes they owe. [2 points) Section 2.5: Income Taxes 4. Amal and Reyes are married filing jointly. Their combined salaries are $135,000. They also have savings interest of $245 and they put $3200 (pre-tax savings) in their retirement fund. a. Calculate the couple's adjusted gross income (AGI). [2 points] b. Their itemized deductions are $18,500. State whether they should take the itemized or standard deduction and the amount. [1 point) c. Calculate their taxable income. [2 points) d. Use the 2018 tax tables to calculate the taxes they owe. [2 points)