During 2016,Esther had the following transactions:
Salary
$70,000
Interest income on Xerox bonds
2,000
Inheritance from uncle
40,000
Contribution to traditional IRA
5,500
Capital losses
2,500
Esther's AGI is:
A) $62,000.
B) $64,000.
C) $67,000.
D) $102,000.
E) $104,000.
Correct Answer:
Verified
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