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John files a return as a single taxpayer. In 2015, he had the following items: Salary of $140,000. Loss of $65,000 on the sale of

John files a return as a single taxpayer. In 2015, he had the following items:

Salary of $140,000.
Loss of $65,000 on the sale of 1244 stock acquired two years ago.
Interest income of $6,000.

Determine Johns AGI for 2015.

a.

$96,000.

b.

$80,000.

c.

$143,000.

d.

$81,000.

e.

None of the above.

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