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Carl, a physician, earns $ 2 0 0 , 0 0 0 from his medical practice in the current year. He receives $ 4 5

Carl, a physician, earns $

200, 000

from his medical practice in the current year. He receives $

45, 000

in dividends and interest during the year as well as $

5, 000

of income from a passive activity. In addition, he incurs a loss of $

50, 000

from an investment in a passive activity. What is Carl

s AGI for the current year after considering the passive investment?

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