Randy and Sharon are married and have two dependent children. Both are over the age of 65. Their 2021 tax and other related information is as follows: Total salaries $160,000 Bank of America account interest income 3,500 Municipal bond interest income 1,500 Dividend income from ABC stock 2,000 Loan from Randy's parents 5,000 Social security payments received 15,000 Total itemized deductions 37,000   Compute Randy and Sharon's taxable income.

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