1. The following facts apply to Newton, a single individual, for 20X14:

W-2 income $110,000

Traditional IRA contribution 5,000

Coverdell Education Savings Account contribution 2,000

State Qualified Tuition plan (529 plan) contribution 3,000

Qualifying medical expenses 12,000

Newton does not participate in any pension or profit-sharing plan other than the traditional IRA. Considering only the foregoing facts, what should Newton's adjusted gross income be for 20X14?

A $104,000

B $103,000

C $102,000

D $105,000