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Carl had the following transactions for 2010. Salary: $55,000 Damage award (compensatory) for city bus accident: $20,000 Loss on sale of stock investment: $4,500 Loan
Carl had the following transactions for 2010. Salary: $55,000 Damage award (compensatory) for city bus accident: $20,000 Loss on sale of stock investment: $4,500 Loan from father to purchase auto: $10,000 Alimony paid to former wife: $11,000
What is Carl's AGI for 2010?
Do not copy from chegg.
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