Daniel, age 38, is single and has the following income and expenses in 2021:

Salary income	$87,000
Net rent income	16,500
Dividend income	1,500
Payment of alimony (divorce finalized in March 2019)	24,000
Mortgage interest on residence	7,000
Property tax on residence	3,000
Contribution to traditional IRA (assume the amount is fully deductible)	3,900
Contribution to United Church	2,700
Loss on the sale of real estate (held for investment)	2,825
Medical expenses	6,350
State income tax	2,550
Federal income tax	6,200

Daniel's standard deduction for 2021 is $12,550.

What is Daniel's gross income and his AGI? Gross income: $fill in the blank AGI: $fill in the blank

b. Should Daniel itemize his deductions from AGI or take the standard deduction? Because Daniel's total itemized deductions (after any limitations) are $fill in the blank 078daefacf84feb_1