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During the current year, Bart Hooley, a married taxpayer who files a joint return, reports the following items of income and loss: AGI, consisting of

During the current year, Bart Hooley, a married taxpayer who files a joint return, reports the following items of income and loss: AGI, consisting of salary income, of $124,000, and a rental real estate loss of $27,400. Bart actively participates in the rental activity. Determine Bart's AGI for the current year.

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