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In 2014, Cindy Had the Following Transactions Cindy's AGI Is

Question 68

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In 2014, Cindy had the following transactions:
 Salary $90,000 Short-term capital gain from a stock investment 4,000 Moving expense to change jobs (11,000) Received repayment of $20,000 loan she made to her sister in 2009 (includes no interest) 20,000 State income taxes (5,000)\begin{array}{lr}\text { Salary } & \$ 90,000 \\\text { Short-term capital gain from a stock investment } & 4,000 \\\text { Moving expense to change jobs } & (11,000) \\\text { Received repayment of } \$ 20,000 \text { loan she made to her sister in } 2009 \\\quad \text { (includes no interest) }& 20,000 \\\text { State income taxes }& (5,000) \end{array}

Cindy's AGI is:
 a. $114,000 b. $103,000 c. $8,000 d. $4,000 e. $3,000\begin{array}{l}\text { a. } \$ 114,000 \\\text { b. } \$ 103,000 \\\text { c. } \$ 8,000 \\\text { d. } \$ 4,000 \\\text { e. } \$ 3,000\end{array}

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