Bruce, who is single, had the following itemis 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 1244 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 Bruce's AGI for the current year. A. $27,000 B. $38,000 C. $42,000 D. $47,000 E. None of these