1 Required information (The following information applies to the questions displayed below. 3.12 points 8 01:45:57 Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the following income and expenses. You may assume that Betty will owe $2,572 in self-employment tax on her salon income, with $1,286 representing the employer portion of the self-employment tax. You may also assume that her divorce from Rocky was finalized in 2016. eBook Hint Print References Interest income Salon sales and revenue Salaries paid to beauticians Beauty salon supplies Alimony paid to her ex-husband, Rocky Rental revenue from apartment building Depreciation on apartment building Real estate taxes paid on apartment building Real estate taxes paid on personal residence Contributions to charity $ 13,270 87,660 45,930 23,530 6,650 33,560 13,550 11,620 6,618 4,666 a. Determine Betty's AGI. (Amounts to be deducted should be indicated by a minus sign.) a. Determine Betty's AGI. (Amounts to be deducted should be indicated by a minus sign.) Interest income $ 13,270 Salon revenue Less: Beauty salon supplies Less: Salaries paid to beauticians 87,660 (23,530) (45,930) Operating income from salon Apartment building revenue Apartment building income AGI 13,270