Jeannie, a single taxpayer, retired during the year, to take over the management of some rental property. She had the following items of income and expense: What is Jeannie's adjusted gross income for the year?

Salary prior to retirement date Dividends from domestic corporation Interest from Citw of Los Angeles bonds Annuity (60% exclusion ratio) Share of partnership income Partnership distribution Rent income Rent expenses $34,000 4,000 5,000 12000 14,000 10,000 17,000 9,000