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During 2014,Marvin Had the Following Transactions A)  $32,000. \text { \$32,000. }

Question 74

Multiple Choice

During 2014,Marvin had the following transactions:
 Salary$50,000Bank loan (proceeds used to buy personal auto)  10,000Alimony paid 12,000Child support paid 6,000Gift from aunt 20,00 Marvin’s AGI is: \begin{array} { l } \text { Salary}&\$50,000\\ \text {Bank loan (proceeds used to buy personal auto) }&10,000\\ \text {Alimony paid }&12,000\\ \text {Child support paid }&6,000\\ \text {Gift from aunt }&20,00\\\\\text { Marvin's AGI is: }&\\\end{array}


A)  $32,000. \text { \$32,000. }
B) $38,000.\$ 38,000 .
C) $44,000.\$ 44,000 .
D) $56,000\$ 56,000
E) 84,000\mathbf { 8 4 , 0 0 0 }

Correct Answer:

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