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During 2023, George had the following transactions: Salary $60,000 Bank loan (proceeds used to buy personal auto 12,000 Alimony paid (divorce was finalized in 2010).

During 2023, George had the following transactions: Salary $60,000 Bank loan (proceeds used to buy personal auto 12,000 Alimony paid (divorce was finalized in 2010). 14,000 Child support paid 4,000 Gift received from aunt 12,000 George's AGI is: a. $64,000 b. $42,000 c. $46,000 d. $56,000 e. None of the choices shown are correct

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