Using the next page, please calculate Gene and Francis Boling's gross income, AGI, Taxable income and tax liability They are MF) and have 2 children: Emma 18 (full time college student) and Grace 14 They are planning to take the standard deduction. Gene's salary 121,500 Francis' salary 52,890 Interest income from Columbus City School Bonds 800 Interest from money market account 200 Qualified dividend from General Motors 500 Qualified dividend from Duke Energy 484 Nonqualified dividend from Apple 320 Francis received prize winnings Business income from Francis sole proprietorship business 18,000 Self Employment Taxes on Francis make up business 2,543 Sale of Duke Energy Stock resulting in a LTCG of 2,000 Fale of Alliance stock resulting in a STCL of (4,000) rancis' IRA deduction 4,500 ontributions to their local church X 8,000 500 pel your answers clearly. I cannot give extra credit if I cannot see how you worked the pre ase do problem on blank page attached. n 2 (5 points) Using the next page, please calculate Gene and Francis Boling's gross income, AGI, Taxable income and tax liability They are MF) and have 2 children: Emma 18 (full time college student) and Grace 14 They are planning to take the standard deduction. Gene's salary 121,500 Francis' salary 52,890 Interest income from Columbus City School Bonds 800 Interest from money market account 200 Qualified dividend from General Motors 500 Qualified dividend from Duke Energy 484 Nonqualified dividend from Apple 320 Francis received prize winnings Business income from Francis sole proprietorship business 18,000 Self Employment Taxes on Francis make up business 2,543 Sale of Duke Energy Stock resulting in a LTCG of 2,000 Fale of Alliance stock resulting in a STCL of (4,000) rancis' IRA deduction 4,500 ontributions to their local church X 8,000 500 pel your answers clearly. I cannot give extra credit if I cannot see how you worked the pre ase do problem on blank page attached. n 2 (5 points)