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Emily Had the Following Transactions During 2016 What Is Emily's AGI for 2017

Question 111

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Emily had the following transactions during 2016:  Salary $90,000 Interest income on bonds-  Issued by City of Nashville $4,000 Issued by Chevron Corporation 5,0009,000 Alimony received 5,000 Child support received 20,000 City and state income taxes paid (5,000) Bank loan obtained to pay for car purchase 15,000\begin{array}{lr}\text { Salary }&&\$90,000\\\text { Interest income on bonds- }\\\text { Issued by City of Nashville }&\$4,000\\\text { Issued by Chevron Corporation } & 5,000&9,000 \\\text { Alimony received } && 5,000 \\\text { Child support received } && 20,000 \\\text { City and state income taxes paid } && (5,000) \\\text { Bank loan obtained to pay for car purchase } && 15,000\end{array} What is Emily's AGI for 2017?

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$100,000.$90,000 (salary) + $5,000 (inte...

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