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PART III-Answer these questions directly Answer these questions direct the sam. (Three Quest 1. Kohsei had the following transactions for 2020: 5 80.000 Salary Alimony

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PART III-Answer these questions directly Answer these questions direct the sam. (Three Quest 1. Kohsei had the following transactions for 2020: 5 80.000 Salary Alimony paid (2017 divorce) Recovery from car accident- Personal injury damages Punitive damages Gift from parents $40,000 70.000 110.000 20,000 Property sales- Loss on sale of boat (used for pleasure and owned 4 years) Gain on sale of ADM stock ($4,000) 4.000 (-0-) Contribution to an Individual Retirement Account (IRA) $5,000 What is Kohsei's AGI for 2020

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