Hardaway earned $137,500 of compensation this year. He also paid (or had paid for him) $4,350 of health insurance (not through an exchange).

What is Hardaway's AGI in each of the following situations? (Ignore the effects of Social Security and self-employment taxes.)

b. Hardaway is a self-employed taxpayer, and he paid $4,350 of health insurance himself. He is not eligible to participate in an employer-sponsored plan.