During the year, Daniel sells both of his personal vehicles. On January 10, he realizes a $9,000 loss on the sale of the first car. On April 5, he realizes a $1,000 gain on the sale of the second car. Assume Daniel's salary for the year is $50,000, and he has no other income. What is Daniel's Adjusted Gross Income?
A)$40,000
B)$41,000
C)$42,000
D)$50,000
E)$51,000

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The Answer of During the year, Daniel sells both of his personal vehicles. On January 10, he realizes a $9,000 loss on the sale of the first car. On April 5, he realizes a $1,000 gain on the sale of the second car. Assume Daniel's salary for the year is $50,000, and he has no other income. What is Daniel's Adjusted Gross Income?
A)$40,000
B)$41,000
C)$42,000
D)$50,000
E)$51,000

During the Year, Daniel Sells Both of His Personal Vehicles