During 2019, Enrique had the following transactions: $$\begin{array} { l r }
\text { Salary } & \$ 70,000 \
\text { Interest income on Xerox bonds } & 2,000 \
\text { Inheritance from uncle } & 40,000 \
\text { Contribution to traditional IRA } & 5,500 \
\text { Capital losses } & 2,500
\end{array}$$ Enrique's AGI is:
A)$62,000.
B)$64,000.
C)$67,000.
D)$102,000.
E)$104,000.

Question

During 2019, Enrique had the following transactions: $$\begin{array} { l r } 
\text { Salary } & \$ 70,000 \
\text { Interest income on Xerox bonds } & 2,000 \
\text { Inheritance from uncle } & 40,000 \
\text { Contribution to traditional IRA } & 5,500 \
\text { Capital losses } & 2,500
\end{array}$$ Enrique's AGI is:
A)$62,000.
B)$64,000.
C)$67,000.
D)$102,000.
E)$104,000.

Quizplus · Accepted Answer

The Answer of During 2019, Enrique had the following transactions: $$\begin{array} { l r } 
\text { Salary } & \$ 70,000 \
\text { Interest income on Xerox bonds } & 2,000 \
\text { Inheritance from uncle } & 40,000 \
\text { Contribution to traditional IRA } & 5,500 \
\text { Capital losses } & 2,500
\end{array}$$ Enrique's AGI is:
A)$62,000.
B)$64,000.
C)$67,000.
D)$102,000.
E)$104,000.

During 2019, Enrique Had the Following Transactions Enrique's AGI Is: A)$62,000

During 2019, Enrique Had the Following Transactions Enrique's AGI Is:
A)$62,000