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1. Tonya reports the following items for last year: $40,000 Salary Short-term capital gain 12,000 Nonbusiness bad debt (23,000) Long-term capital gain 8,000 For the

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1. Tonya reports the following items for last year: $40,000 Salary Short-term capital gain 12,000 Nonbusiness bad debt (23,000) Long-term capital gain 8,000 For the current year, Tonya reports the following items: Salary Collection of last year's bad debt $45,000 23,000 Determine Tonya's adjusted gross income for the current year

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