Raymond sells his entire interest in a rental property in which he actively participated at a gain of $18,000. The activity has a current year loss of $5,500 and $18,500 in prior year suspended losses. During the year, Raymond has $55,000 in salary. What is Raymonds AGI for the year?

a..$49,000.

b..$73,000.

c..$67,500.

d..$55,000.