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5) For the current year, David has salary income of $80,OOO and the following property transactions: 1, Investment in land of $9,000 2. Long-term capital
5) For the current year, David has salary income of $80,OOO and the following property transactions:
1, Investment in land of $9,000 2. Long-term capital gain $11.000 3, Short-term capital loss $2,000 4, Loss on sale of camper $3,000 (purchased 4 years ago and used for family vacations)
What is David's AGI for the current year?
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