Problem 1 Determine AGI John and Sarah Connors are married for all of 2022. During the year they report the following receipts and expenditures. Item Receipts Wages from Skynt for John Amout 100,000 Wages from Botle, Inc For Sarah 50,000 Revenues from Bergamont Consulting - Sarah's Business 50,000 Interest from investments in corporate bonds 3,000 Sale of YRM, Ltd 60,000 Expenditures Related to Bergamont Consulting Wages for employees 30,000 Legal Fees 20,000 Traffic tickets 10,000 Other Expenses State and Local income taxes 8,000 Mortgage Interest on Principal Residence (Average balance of $700,000) 25,000 Student Loan Interest 2,000