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1:6-34 For vs. From AGI. During 2019, Kent, a 40-year-old single taxpayer, reports the follow- ing items of income and expense: Income: Salary $150,000 Dividends

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1:6-34 For vs. From AGI. During 2019, Kent, a 40-year-old single taxpayer, reports the follow- ing items of income and expense: Income: Salary $150,000 Dividends from Alta Corporation 800 Interest income from a savings account 1,500 Rental income from a small apartment he owns 8,000 Expenses: Medical 6,000 Interest on a principal residence 7,000 Real property taxes on the principal residence 4,300 Charitable contributions 4,000 Loss from the sale of Delta Corporation stock 2,000 (held for two years) Expenses incurred on the rental apartment: Maintenance 500 Property taxes 1,000 Utilities 2,400 Depreciation 1,700 Insurance 800 Alimony payments to former wife (divorced July 21, 2018) 10,000 The amounts above are before any limitations. What is Kent's taxable income for the year

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