A taxpayer owns three businesses and rental properties in 20X1. During the year, the first business, ABC, experienced a $32,000 loss. The taxpayer participated in 200 hours in ABC, and the employees worked more than 600 hours. The taxpayer participated less than 100 hours in the second business, XYZ, which had a net loss of $14,500. The taxpayer participated over 1,000 hours in the third business, A2Z, which had a net income of $35,000. The taxpayer also received dividends of $16,000 and interest of $10,000 in 20X1. Additionally, the taxpayer had a net loss of $12,000 from rental real estate activities in 20X1 (in which the taxpayer actively participated). Compute the taxpayer's 20X1 AGI based on the provided information.

A) $17,000

B) $14,500

C) $61,000

D) $49,000

E) $2,500