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6 (5 points) Saved Victor (MFJ) runs a bicycle manufacturing store. The store's partial financial income statement for the year ending December 31, 2021, is

image text in transcribed 6 (5 points) Saved Victor (MFJ) runs a bicycle manufacturing store. The store's partial financial income statement for the year ending December 31, 2021, is as follows: Sales revenue $ 2,890,000 Cost of Goods Sold 1,120,000 Supplies expense 74,000 Salary and wages expense 306,000 Meals expense (NOT furnished by restaurants) 90,000 Entertainment expense 37,000 Political contribution 12,000 Utilities expense 25,000 1,010,000 Depreciation expense (for tax purposes) Victor also has a net long-term capital loss of $7,000 for tax purposes. What is Victor's AGI as of December 31, 2021? $310,000. $307,000. $303,000. $265,000. $258,000. $262,000. $216,000

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