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. Drew Brees and his wife, filing married filing jointly, with 4 dependents, had the following items for 2019: Item Amount Salary $389,500 Casualty loss

. Drew Brees and his wife, filing married filing jointly, with 4 dependents, had the following items for 2019:

Item Amount

Salary

$389,500

Casualty loss on long-term business property

(28,400)

Loss on sale of 1244 small business stock acquired 3 years ago

(113,650)

Long-term capital gain on sale of investment

29,250

Short-term capital gain on sale of investment

12,950

Stock acquired 2 years ago became worthless during the year

(14,100)

Loss on non-business bad debt that has been held for 5 years

(20,750)

a. List the ordinary income and ordinary loss items and dollar amounts from the list of items above.

b. List the capital gains and capital loss items and dollar amounts from the list of items above.

c. Determine Drews adjusted gross income for 2019.

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