The following information is available for Bob and Brenda Horton, a married couple filing a joint return, for 2015. Both Bob and Brenda are age 32 and have no dependents. 
a. What is the amount of their gross income?
b. What is the amount of their adjusted gross income?
c. What is the amount of their taxable income?
d. What is the amount of their tax liability (gross tax)?
e. What is the amount of their tax due or (refund due)?
Definitions:
Contradictory Evidence
Information or data that directly opposes or disputes the current understanding, beliefs, or hypotheses.
Different Interpretations
The occurrence of various meanings or understandings of a message or piece of information among different people.
Evidence-Based Management
A practice of making managerial decisions and organizational practices based on the best available evidence from multiple sources.
Potential Virtues
Inherent qualities or traits in individuals that may lead to moral excellence if properly developed.
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