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This year Evan graduated from college and took a job as a deliveryman in the city. Evan was paid a salary of $70,600 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below: Cost of moving his possessions to the city (125 miles ) Interest paid on accumulated student loans Cost of purchasing a delivery uniform Contribution to State University deliveryman program $1,200 2.910 1,510 1, 355 Calculate Evan's AGI and taxable income if he files single. Assume that interest payments were initially required on Evan's student loans this year. Evan's AGI Taxable income 68.100 57.750 In X8, Erin had the following capital gains (losses) from the sale of her investments: $1,000 LTCG, $26,000 STCG, (58,000) LTCL, and ($14,000) STCL. What is the amount and nature of Erin's capital gains and losses? Multiple Choice $5,000 net short-term capital gain. ( ) $5.000 net long-term capital loss $4,900 net short-term capital gain $4,900 net long-term capital loss. In the current year, Norris, an individual, has $65,000 of ordinary income, a Net Short Term Capital Loss (NSTCL) of $8.500 and a Net Long Term Capital Gain (NLTCG) of $4,300. From his capital gains and losses, Norris reports: Multiple Choice O ) an offset against ordinary income of $8,500. O an offset against ordinary income of $3,000 and a NSTCL carryforward of $5,500 O an offset against ordinary income of $4,300 and a NSTCL carryforward of $4.200. an offset against ordinary income of $3,000 and a NSTCL carryforward of $4,200. an offset against ordinary income of $3,000 and a NSTCL carryforward of $1,200