Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the following income and expenses. Determine Bettys AGI and complete page 2 (through line 7) and Schedule 1 of Form 1040 for Betty. You may assume that Betty will owe $2,502 in self-employment tax on her salon income, with $1,251 representing the employer portion of the self-employment tax. You may also assume that her divorce from Rocky was finalized in 2016.

a. Determine Betty's AGI. (Amounts to be deducted should be indicated by a minus sign.)

Interest income Salon sales and revenue Salaries paid to beauticians Beauty salon supplies Alimony paid to her ex-husband, Rocky Rental revenue from apartment building Depreciation on apartment building Real estate taxes paid on apartment building Real estate taxes paid on personal residence Contributions to charity $ 11,255 86,360 45, 250 23,400 6,000 31,220 12,900 11,100 6,241 4,237 Interest income Salon sales and revenue Operating income from salon Apartment building revenue Apartment building income AGI $ 0