Arnold was employed during the first six months of the year and earned $90,000 salary. During the next 6 months, he collected $4,800 of unemployment compensation, $1,800 workers compensation, borrowed $6,000 {using his personal residence as collateral), and withdrew $1,000 from his savings account {including $60, interest). His luck was not all bad, for in December he won $800 in the lottery on a$20 ticket. Because of his dire circumstances, Arnold's parents loaned him $10,000 {interest-free) on July 1 of the current year, when the Federal rate was 8%. Arnold did not repay the loan during the year and used the money for living expenses. Calculate Arnold's adjusted gross income for the year.