Andy, who is single, retired from his job this year. He received a salary of $24,000 for the portion of the year that he worked, tax-exempt interest of $3,800, and dividends from domestic corporations of $2,400. On October 1, he began receiving monthly pension payments of $1,100 and Social Security payments of $800. Assume an exclusion ratio of 40% for the pension. Andy owns a duplex that he rents to others. He received rent of $13,000 and incurred $18,000 of expenses related to the duplex. He continued to actively manage the property after he retired from his job. Requirement Compute Andy's adjusted gross income. Gross income Minus: Deductions for Adjusted gross income Adjusted gross income