Samuel is a CPA and earns $150,000 from his practice in the current year. He also has an ownership interest in three passive activities. Assume he is sufficiently at risk in each of the three partnerships. In the current tax year, the activities had the following income and losses:

Partnership A	$	40,000
Partnership B	(	32,000	)
Partnership C	(	24,000	)

What is Samuels adjusted gross income for the current year?

a..$144,000.

b..$134,000.

c..$190,000.

d..$150,000.