McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 52

Betty operates a beauty salon as a sole proprietorship.Betty also owns other property including a half interest in a partnership that operates a delivery service, a half interest in a partnership that operates a movie theatre, and an apartment building.This year Betty paid or reported the following expenses related to her salon and her share of other businesses.Determine Betty's AGI.