HELLO, PLEASE HELP ANSWER THIS. DUE TOMORROW THANKS!!

COMPREHENSIVE PROBLEM 8-85 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) (STATIC)

Required information Comprehensive Problem 8-85 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) (Static) [The following information applies to the questions displayed below.] Sandy and John Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2022, Sandy worked as a computer technician at a local university, earning a salary of $152,000, and John worked part time as a receptionist for a law firm, earning a salary of $29,000. Sandy also does some Web design work on the side and reported revenues of $4,000 and associated expenses of $750. The Fergusons received $800 in qualified dividends and a $200 refund of their state income taxes. The Fergusons always itemize their deductions, and their itemized deductions were well over the standard deduction amount last year. Use Exhibit 8-10, Tax Rate Schedule, Dividends and Capital Gains Tax Rates, 2022 AMT exemption for reference. The Fergusons reported making the following payments during the year: - State income taxes of $4,400. Federal tax withholding of $21,000. - Alimony payments to Sandy's former spouse of $10,000 (divorced 12/31/2014). - Child support payments for Sandy's child with her former spouse of $4,100. - \$12,200 of real property taxes. - John was reimbursed $600 for employee business expenses he incurred. He was required to provide documentation for the expenses to his employer. - \$3,600 to Kid Care day care center for Samantha's care while Sandy and John worked. - \$14,000 interest on their home mortgage (\$400,000 acquisition debt). - $3,000 interest on a $40,000 home-equity loan. They used the loan to pay for a family vacation and new car. - $15,000 cash charitable contributions to qualified charities. - Donation of used furniture to Goodwill. The furniture had a fair market value of $400 and cost $2,000. a. What is the Fergusons' 2022 federal income taxes payable or refund, including any self-employment tax and AMT, if applicable? Note: Round your intermediate computations to the nearest whole dollar amount. x Answer is complete but not entirely correct. Tax refund Required information Comprehensive Problem 8-85 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) (Static) [The following information applies to the questions displayed below.] Sandy and John Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2022, Sandy worked as a computer technician at a local university, earning a salary of $152,000, and John worked part time as a receptionist for a law firm, earning a salary of $29,000. Sandy also does some Web design work on the side and reported revenues of $4,000 and associated expenses of $750. The Fergusons received $800 in qualified dividends and a $200 refund of their state income taxes. The Fergusons always itemize their deductions, and their itemized deductions were well over the standard deduction amount last year. Use Exhibit 8-10, Tax Rate Schedule, Dividends and Capital Gains Tax Rates, 2022 AMT exemption for reference. The Fergusons reported making the following payments during the year: - State income taxes of $4,400. Federal tax withholding of $21,000. - Alimony payments to Sandy's former spouse of $10,000 (divorced 12/31/2014). - Child support payments for Sandy's child with her former spouse of $4,100. - \$12,200 of real property taxes. - John was reimbursed $600 for employee business expenses he incurred. He was required to provide documentation for the expenses to his employer. - \$3,600 to Kid Care day care center for Samantha's care while Sandy and John worked. - \$14,000 interest on their home mortgage (\$400,000 acquisition debt). - $3,000 interest on a $40,000 home-equity loan. They used the loan to pay for a family vacation and new car. - $15,000 cash charitable contributions to qualified charities. - Donation of used furniture to Goodwill. The furniture had a fair market value of $400 and cost $2,000. a. What is the Fergusons' 2022 federal income taxes payable or refund, including any self-employment tax and AMT, if applicable? Note: Round your intermediate computations to the nearest whole dollar amount. x Answer is complete but not entirely correct. Tax refund