{Tax Forms} Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe works as a design engineer for a manufacturing firm while Jessie runs a craft business from their home. Jessies craft business consists of making craft items for sale at craft shows that are held periodically at various locations. Jessie spends considerable time and effort on her craft business,and it has been consistently profitable over the years. Joe and Jessie own a home and pay interest on their home loan (balance of $220,000) and a personal loan to pay for Lizzies college expenses (balance of $35,000). Neither Joe nor Jessie is blind or over age 65, and they plan to file as marriedjoint. Based on their estimates, determine Joe and Jessies AGI and taxable income for the year and complete page 1 of Form 1040 (through taxable income, line 11b), Schedule 1, Schedule C, and Schedule A. Assume that the employer portion of the self-employment tax on Jessies income is $831.Joe and Jessiehave summarized the income and expenses they expect to report this year as follows:Income:Joes salary$ 129,100Jessies craft sales18,400Interest from certificate of deposit1,650Interest from Treasury bond funds716Interest from municipal bond funds920Expenditures:Federal income tax withheld from Joes wages$ 13,700State income tax withheld from Joes wages6,400Social Security tax withheld from Joes wages7,482Real estate taxes on residence6,200Automobile licenses (based on weight)310State sales tax paid1,150Home mortgage interest16,000Interest on Masterdebt credit card2,300Medical expenses (unreimbursed)1,690Joes employee expenses (unreimbursed)2,400Cost of Jessies craft supplies4,260Postage for mailing crafts145Travel and lodging for craft shows2,230Self-employment tax on Jessies craft income1,662College tuition paid for Lizzie5,780Interest on loans to pay Lizzies tuition3,200Lizzies room and board at college12,620Cash contributions to Red Cross525