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During the current year, Belfazor had the following transactions: Salary $100,000 Interest income on City of Salt Lake Utility Bonds 5,000 Inheritance from uncle 70,000
During the current year, Belfazor had the following transactions: Salary $100,000 Interest income on City of Salt Lake Utility Bonds 5,000 Inheritance from uncle 70,000 Contribution to traditional IRA 5,500 Capital losses 3,500 Belfazor's AGI is:
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