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Lane is single and has two dependents. Financial records show the following items in the current year: Gift from a friend $12,000 Dividends received on
Lane is single and has two dependents. Financial records show the following items in the current year: Gift from a friend $12,000 Dividends received on stock $1,200 Prize won in state lottery $1,000 Salary from employer $35,000 Child support received from ex-spouse $6,000 How much is Lane AGI for the current year?
$43,200
$37,200
$49,200
$55,200
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