Dave Eichoff had adjusted gross income for

$2023$ of $$122,000$ before any passive losses or

other rental activities. He owned a mountain

cabin in Idaho, which he rented for $125$

days and which was not used by him at all

during the year. The property will experience

a net loss of $$12,500.$ He also had a limited

partnership interest that was purchased in

$1987$ and yielded a loss of $$22,000.$ What is

Dave's adjusted gross income after considering

the passive activity and rental losses?