Elisa and Clyde operate a retail sports memorabilia shop. For the current year, sales revenue is $75,000 and expenses are as follows: Cost of goods sold Advertising Utilities Rent $30,000 1,000 2,000 4,500 1,500 9,000 Insurance Wages to Boyd Elisa and Clyde pay $9,000 in wages to Boyd, a part-time employee. Because this amount is $1,000 below the minimum wage, Boyd threatens to file a complaint with the appropriate Federal agency. Although Elisa and Clyde pay no attention to Boyd's threat, Chelsea (Elisa's mother) gives Boyd a check for $1,000 for the disputed wages. The retail shop is the only source of income for Elisa and Clyde. Calculate Elisa and Clyde's AGI. Can Chelsea deduct the $1,000 payment on her tax return? Explain. How could the tax position of the parties be improved