Jack and Jill are married and file jointly. They actively manage an office building that they purchased in January of the current year. They have losses of $40,000 on the building in the current year. Their other income is as follows:

Salary: $80,000

Dividends and interest: $7,000

Loss from limited partnership, acquired in the current year, that sells greeting cards ( Jack and Jill are limited partners): ($5,000)

What is Jack and Jill's current year AGI?