During 2018, John, single, had the following transactions:

Salary $50,000

Interest income from bonds issued by State of New York 6,000

Capital Loss 5,000

In addition, under a divorce agreement entered into in 2017, John is required to make periodic alimony payment of $1,000 per month to Jane. However, when John and Janes child reaches age 21, marries, or dies (whichever occurs first), the payments will be reduced to $800 per month. Jane has custody of the child.

Johns AGI in 2018 is: