Lyle and Louise Are Retired Living on Income from Their

Lyle and Louise are retired living on income from their investments and Social Security benefits. During the current year, they receive the following:
Lyle and Louise's adjusted gross income is:
$\begin{array}{lr}\text { Cash dividends on stock investments } & \$ 28,000 \\\text { Interest on municipal bonds } & 5,000 \\\text { Social Security benefits } & 18,000\end{array}$

A) $28,000
B) $33,000
C) $37,000
D) $48,000
E) $41,300