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Henry, single and age 42, had the following items of income and expense for the current tax year. Wages: $60,000 Interest: $1,000 Inheritance: $50,000 Alimony

Henry, single and age 42, had the following items of income and expense for the current tax year. Wages: $60,000 Interest: $1,000 Inheritance: $50,000 Alimony paid: $10,000 Child support paid: $8,000 Federal taxes paid: $5,000 State income taxes paid: $2,000 Medical expenses: $7,500 Tickets from his employer for one basketball game: $100 What is Henrys adjusted gross income?

a.

$51,000.

b.

$61,000.

c.

$49,000.

d.

$53,000.

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