Mr. and Mrs. Nelson operate a small business as a sole proprietorship. This year, they have the following tax information. Net profit from sole proprietorship $ 50,000 Deduction for SE tax $ 3,533 Dividends $ 900 Net income from rental property $ 2,780 Loss from limited partnership $ (6,000 ) Compute Mr. and Mrs. Nelson's AGI.

Multiple Choice

A. $50,900

B. $47,367

C. $50,147

D.None of the above