Mike is single, age 67, and has gross income of $150,000. His expenses are as follows: Alimony paid (divorce finalized in 2017) $15,000 Charitable Contributions $3,000 Contribution to Traditional IRA $6,000 Loss on rental property $7,500 Interest on home mortgage and property taxes paid on personal residence $7,200 State income tax $2,200 What is Mike's taxable income