D Question 5 1 pts During 2017, Otto and lona Carr present the following transactions: Long-term capital gains of $88,922 . Alimony paid of $12,000 Gift received from a long-time family friend of $20,000 Interest income of $975 Charitable contribution made of $5,000 Assuming Otto and lona Carr have two valid dependents, and file as married jointly in 2017, their gross income is 89897while their adjusted gross income is 77897 Previous Next