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Question 17 (1 point) Tom sells machinery used in his business for a loss of $2,000. He also sells a number of stocks held for investment for a net loss of $6,000. Apart from these items, Tom has ordinary business income from his sole proprietorship of $140,000. What is Tom's Adjusted Gross Income? $132,000 $138,000 $134,000 $135,000 Question 18 (1 point) Fred and Martha, husband and wife, purchased land in joint tenancy for $200,000 in 2009. Fred died in 2020 and the land was valued at $300,000 at the time of his death