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. A taxpayer reported the following items for the year: Salary $50,000 Loss on sale of XYZ stock (4,000) Gain on sale of ABC stock
. A taxpayer reported the following items for the year:
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| Salary | $50,000 |
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| Loss on sale of XYZ stock | (4,000) |
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| Gain on sale of ABC stock | 6,000 |
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| Gambling winnings | 5,000 |
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| Gambling losses | 3,000 |
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| Lottery prize | 2,000 |
What is the taxpayer's adjusted gross income?
a. $56,000
b. $58,000
c. $60,000
d. $63,000
e. $59,000
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