S reports the following items of income and

loss:

Salary income and adjusted gross income $($before

consideration of passive activities$)$: $$70,000$

Activity A$-$passive. $$25,000$

Activity B$-$rental real estate. $$(40,000)$

$S$ actively participates in activity $B.$ What is S$\text{'}$s

adjusted gross income for the year?