Bruce, who is single, had the follwing items for the current year:

Salary of $80,000

Gain of $20,000 on the salf of section 1244 stock acquired two years earlier

Loss of $75,000 on the salf of section 1244 stock acquired three years earlier

Worthless stock of $15,000. The stock was acquired on Febuary 1 of the prior year and became worthless on January 15 of the current year.

Calculate Bruce's AGI for the current year. (show your computations)