In 2018, a company is considering alternative organizational forms. The gross business earnings are $100,000. The owner is single and has $3,000 of income from other sources,itemized deductions of $11,000, and a standard deduction of $12,000. Compensation for services is $50,000. Business charitable contributions are $4,000. The owner's dividends from the corporation are $15,000.

What will be the individual's adjusted gross income (AGI) if the business is operated as a C Corporation?

The answer is $68,000 but I am unsure how to arrive at this answer.