Mr. and Mrs. Boaz file a joint return on which they claim their four children (all over age 14) and Mr. Boaz's mother as dependents. Their AGI is $134,300, and they have the following itemized deductions:
State income tax...$ 7,925
Local real and personal property taxes...5,122
Qualified interest on a home equity loan...4,377
Charitable contributions...5,330
Miscellaneous itemized deductions...769
$23,523
On the basis of these facts, compute Mr. and Mrs. Boaz's alternative minimum taxable income (AMTI) before any exemption amount.