The Chung$$s are married filing jointly $($both age $40)$ with one dependent child $($age $10).$ Compute AGI, taxable income, and total tax liability $($including self$-$employment tax and after all applicable credits$).$ Assume that Schedule C net profit is qualified business income $($non$-$service income$)$ under Section $199$A$.$ Show detailed calculations. They report the following information for $2023$

Schedule C net profit $$66,655$

Interest income from certificate of deposit $2,100$

Dividend eligible for $15\%$ rate $12,000$

Lila Chung$$s salary from Brants Company $75,000$

Inheritance received from Lila$$s father $10,000$

Gift received from George Chung$$s mother $18,000$

Itemized deductions $31,000$

Child tax credit $2,000$

Dependent care credit $500$

Self$-$employment tax on Schedule C net profit $9,418$