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#3 Question 5 Joyce, an attorney, earns $100,000 from her law practice in the current year. In addition, she receives $35,000 in dividends and interest

#3 Question 5

Joyce, an attorney, earns $100,000 from her law practice in the current year. In addition, she receives $35,000 in dividends and interest during the year. Further, she incurs a loss of $35,000 from an investment in a passive activity. What is Joyces AGI for the year after considering the passive investment?

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