Gabby is single and has Gross income of $ 400,000 and taxable income of $310,000 in 2020. Gabby's return shows the following items: Itemized deductions of $ 30,000 as follows: Local real estate taxes State income taxes $4,000 $4,000 Mortgage interest Charitable donations $12,000 $10,000 Municipal bond interest income of $ 320,000. 20% of this income was from private activity municipal bonds. Percentage depletion deduction of $7,000. Gabby had a 1/1/20 adjusted basis in the asset being depleted of $ 10,000 and a 12/31/20 adjusted basis of $3,000 after reducing the basis for the depletion deduction. Calculate Gabby's 2020 AMTI (alternative minimum taxable income)? $385.000 05390,400 $378.000 $382,000 1397400