Question: 6. Problem 3-39 (Algorithmic) (LO. 5, 6, 9) Toby and Nancy are engaged and plan to get married. Toby is a full-time student and earns

6. Problem 3-39 (Algorithmic) (LO. 5, 6, 9) Toby and Nancy are engaged and plan to get married. Toby is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self- supporting. For the year, Nancy is employed and reports $57,200 in wages. If an amount is zero, enter, "0". Do not round your intermediate computations. Round your final answer to nearest whole dollar. a.Compute the following: Toby Nancy Filing Single Filing Single Gross income and AGI 8.500 57,200 Standard deduction 12,200 12,200 Taxable income 45,000 Income tax 5.759 . Both earned and unearned income and gross income of more than the larger of or the

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