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Ahmed, who is single, had the following items for the current year: Salary of $80,000 Gain of $20,000 on the sale of 1244 stock acquired

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Ahmed, who is single, had the following items for the current year: Salary of $80,000 Gain of $20,000 on the sale of 1244 stock acquired two years earlier. Loss of $75,000 on the sale of 51244 stock acquired three years earlier. . Worthless stock of $15,000. The stock was acquired on February 1 of the prior year and became worthless on January 15 of the current year Determine Ahmed's AGI for the current year. a. 542,000 b. $38,000 c. 527,000 d. 547.000

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