Ms. Cowler owns stock in Serzo Inc., an S corporation, and an interest in OTW Partnership. This year, Ms. Cowler had the following income and loss items.

Salary	$	66,800
Interest and dividends		1,200
Business loss from Serzo	$	(19,400	)
Business income from OTW	$	17,000

If Ms. Cowler's interests in Serzo and OTW are passive activities, compute her AGI.

• $68,000

• $65,600

• $85,000

• $66,800

*Please show work on how you calculated.