4. Using the tax formula calculate the taxpayer's AGI. (5 POINTS) Wages $80,000 Self-employed business income $ 25,000 Real estate taxes paid (residence) $ 6,500 Parking ticket paid for business $ 200 12 self-employment tax $ 1,300 Gambling income $ 5,000 Scratch off lotto ticket winning $ 100 Cash option taken from cafeteria plan $ 1,000 Gambling losses $ 7,000 Hobby income $ 2,500 Supplies for self-employed business $ 700 Office expense for self-employed business $ 8,000 Sub-contractors for self-employed business. $10,000