Use the information below to answer questions 14-16. Liam Jones is single and began working as a marketing analyst is 2019. His is preparing to file his income tax return for 2019 and has collected the following information: Salary $55,00 Interest income: $125 Itemized deductions $3,000 Standard deduction $12,200 Marginal tax brackets: 10% $0-$9,875 12% $9,876-$40,125 22% $40,126-$85,525 24% $85,526-$163,300 What is Liam's adjusted gross income?

Group of answer choices

$55,000

$55,125

$42,800

$52,000

None of the above.