During the year, Connor, age 66 had the following transactions: Salary $108,000 Interest Income on City of NY bonds $625 Gift from cousin $12,000 Loss on sale of boat that was used for pleasure owned for 5 years. -$4,200 Damages received for personal injury from a car accident $125,000 Punitive damages (same car accident) $225,000 Cash dividends from Aqua Corp stock $2,500 Calculate Connor's taxable income for 2022.