Bill recieved 400 shares of stock from his uncle as a gift on July 20, 2015, when the stock had a $88,000 FMV. His uncle paid $64,000 for the stock on April 12, 2000. The taxable gift was $88000 because his uncle made another gift to Bill for $30000 in January and used the annual exclusion. The paid a gift tax of $4400. Without considering the transactions below, Bill's AGI is $85000 in 2016. No other transactions involving capital assets occur during the year.

Analyze each transaction below, independent of the other and determine Bill's AGI in each case (do not round intermediary calculations. Only round the amounts you input in the cells to the nearest dollar. use a minus sign or parentheses to enter a loss.

a. He sells the stock on 10/12/16 for $92000

b. He sells the stock 10/12/16 for $63000

c. He sells the stock on 12/16/16 for $83000

	AGI prior to sale of stock	+	Gain (loss) on sale of stock	=	AGI
a.		+		=
b.		+		=
c.		+		=