2. Joe reported the following information for 2021. Joe is an accrual basis, self-employed fishing guide.

During 2021, he provided and billed clients for $121,000 in services. At the end of the year, he had collected $98,000 of that amount.

Joe reported the following related to his business:

• On December 31, 2021, Joe accrued interest expense of $3,000 on a note payable to an unrelated party.
• On December 1, 2021, Joe paid a contractor $5,100 to repair some of his fishing equipment. Joe expects to have the equipment back by the end of March 2022.
• In July 2021, Joe was fined $500 for taking clients fishing in a restricted area. Joe felt it was necessary to fish in this area because he promised his clients some really big fish and they threatened to give him really bad reviews unless they caught some really big fish.
• Every year, Joe takes his best clients to a St. Louis Blues game so they can plan trips for the upcoming year while enjoying hockey. He spent $3,000 on tickets to the games for several clients. He also spent $1,500 on meals with clients.

Calculate Joes AGI. Label your final answer and briefly label your numbers to make it easier to grade.