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Blake and Valerle Meyer $($both age $30)$ are married with one dependent child $($age $5).$

Blake's gross salary from his corporate employer was $$70,000,$ and his Section $401(k)$ contribution was $$6,300.$

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Valerle's salary from GulTech, an S corporation, was $$29,400.$

Valerle owns $16$ percent of GulTech's outstanding stock. Her pro rata share of GulTech's ordinary business income was $$13,790,$ her pro rata share of GulTech's net loss from rental real estate was $$8,100,$ and she recelved a $$7,000$ cash distribution from GulTech. The ordinary income from GulTech is qualified business income.

Blake recelved a $$15,000$ cash glft from his grandmother.

Valerle won $$6,400$ in the Maryland state lottery.

The Meyers recelved a distribution from their Investment in Pawnee Mutual Fund that consisted of a $$712$ qualifying dividend and a $$3,020$ long$-$term capital galn.

Blake pald $$12,000$ alimony to a former spouse under a divorce agreement executed in $2011.$

The Meyers pald $$17,200$ home mortgage interest on acquisition debt and $$2780$ property tax on their personal residence.

The Meyers paid $$7,000$ state income tax and $$4,200$ state and local sales tax.

Valerle contrlbuted $$1,945$ to the First Baptist Church.

Required:

On the basis of the above information, compute the Meyers' $2023$ federal income tax $($including any AMT$)$ on their joint return. Assume the taxable year is $2023.$ Use Individual tax rate schedules, Standard deduction table and Tax rates for capltal gains and quallified dividends.

Note: Do not round Intermediate calculatlons. Round your final answers to the nearest whole dollar amount. Leave no cells blankbe sure to enter $"0"$ wherever required.

$\backslash$table$[[,$Amqunt$],[$Adjusted gross income $($AGI$),],[$Taxable income,$],[$Mr$.$ and Mrs$.$ Meyer's regular income tax liability $($after applicable credits$),],[$AMT$,],[$Mr$.$ and Mrs$.$ Meyer's total tax liability $($including AMT$)$