Reba and Charlie who are married filing jointly have three children ages 5,9 and 17 who are dependents

Reba and Charlie who are married filing jointly have three children ages 5,9 and 17 who are dependents. They have a W2 income of $90,000. They have $13,500 in Federal

taxes withheld Reba and Charlie have the following expenses for the 2018 tax year:

Interest on a home equity loan taken out in 2018 loan issued for $100,000, used for secondary education- $2500

Interest on first mortgage (original loan balance $450,000)  $12,000

Property taxes on personal residence-$8000

State income tax-$8000

State sales tax-$4500

What is Reba and Charlie's taxable income?

a, $55,000; 

b, $57,500; 

c, $62,000;

d. $65,600