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HI, I need help with my TAX class please. the question is: Mike is an employee who also owns and actively participates in a rental

HI, I need help with my TAX class please. the question is: Mike is an employee who also owns and actively participates in a rental activity that has produced a $15,000 LOSS for the year. Mike's W2 income for his job is $120,000. What will be his adjusted gross income for the year? a. $105,000 b. $120,000 c. $115,000 d. Not enough information to figure it out.

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