Milt, married and filing jointly, reports the following items for 2022:

Sales	$200,000
Business expenses	210,000
Interest income	3,000
Dividends	5,000
Salary (spouse)	20,000
Alimony received (from prior marriage that ended in 2015)	8,000
Nonbusiness long-term capital gains	5,000
Nonbusiness short-term capital losses	7,000
Business short-term capital losses	4,000
Business long-term capital gains	2,000
IRA contributions	5,000
Charitable contributions	9,000
Medical expenses	7,550
Property taxes	7,450
Federal disaster area personal casualty loss on personal property (after the $100 floor)	35,000
Loss on stolen bonds	12,640

Milt has two dependent children. If Milt and his wife file a joint return, compute their net operating loss for 2021.