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Lucky Louie earned a salary of $ 1 0 0 , 0 0 0 this year and interest income of $ 3 , 0 0

Lucky Louie earned a salary of $100,000 this year and interest income of $3,000.
Louie, was not so lucky in the stock market however and had capital losses of
$3,000. What was Lucky Louie's taxable income, assuming Louie takes the standard
$12,000 deduction?
$88,000
$90,000
$81,000
$89,000
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