Paden, who is single and has been employed as an accountant for 27 years with Harper, Inc., lost his job due to company downsizing. His last day of employment is July 31, 2020, and Harper provides a $9,000 severance payment. The severance payments are based on an employees time of employment. During the year, Paden received a salary from Harper of $56,000. Harper also paid $8,500 of Padens medical insurance premiums. In May 2020, Paden, who had always wanted to be associated with a football team, ap-plied for the head coaching job at Hawk University in Iowa and, much to his surprise, re-ceived the job beginning on August 1. In June and July, Paden paid $4,500 to take courses in sports management at the local university. Hawk University is substantially short of funding and Paden paid $2,000 for entertainment expenses related to his job and $500 for supplies. No reimbursement was received. His salary from Hawk is $5,000 per month payable at the end of each month. His sal-ary for December was not received until January 6, 2021. On August 1, he sold his house for $329,000 in Texas and paid a sales commission of $14,000. He inherited the house 20 years ago when his mother died. Her basis for the house was $37,000 and the FMV when she died was $50,000. Property taxes for the 2020 calendar year amount to $3,600, and property taxes were apportioned at the closing. Property taxes are payable on October 1. He paid $2,100 of interest on home equity debt of $30,000, incurred to purchase a new car. To move to Iowa, he drove 700 miles and spent $62 for meals during the trip in July. Movers charged $4,150 to move his household items. He purchased a new house in Iowa for $150,000 on August 15 and borrowed $110,000. He also agreed to pay all property taxes for 2020. Real property taxes for the home in Iowa will be paid on January 30, 2021, and amount to $1,500. Interest on the $110,000 debt during the current year is $1,930. To obtain the loan, Paden paid points of $1,000. He contributed common stock (basis of $1,000 and FMV of $6,000) held as an in-vestment for three years to Hawk University. He also paid state income taxes of $1,765 (which was greater than state sales taxes for the year) as well as personal property taxes of $435 for his car. Paden sold 200 shares of Dell Corporation stock on April 10 for $100 per share. His basis was $145 per share. On May 1, he purchased 300 shares of Dell at $89 per share. Ignoring the fact that 2020 is a leap year, determine:

1. gross income without considering the sale of his house or the Dell Corporation stock.