Rocco operates a beauty salon as a sole proprietorship. Rocco also owns and rents an apartment building. In 2023, Rocco had the following income and expenses. You may assume that Rocco will owe $2,502 in self-employment tax on his salon income, with $1,251 representing the employer portion of the self-employment tax. You may also assume that his divorce from Svetlana was finalized in 2016.

Interest income $ 11,255

Salon sales and revenue 86,360

Salaries paid to beauticians 45,250

Beauty salon supplies 23,400

Alimony paid to his ex-wife, Svetlana 6,000

Rental revenue from apartment building 31,220

Depreciation on apartment building 12,900

Real estate taxes paid on apartment building 11,100

Real estate taxes paid on personal residence 6,241 Contributions to charity 4,237

a. Determine Rocco's AGI.