Question: The Garcias are a married couple with a combined income of $45,500. They have one child with a health condition, and can claim the following deductions: $5,000 in property tax $7,250 in mortgage interest $2,000 in charitable contributions $9,000 in qualifying medical expenses They can claim a $2000 child tax credit, and are eligible for an Earned Income Credit of $343. Will the Garcias use the standard deduction or itemized deductions? Standard Itemized Correct Find the Garcias' taxable income. Round your answer to the nearest cent.