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Sara owns stock in two S Corporations, MK and RI, and materially participates in both businesses. Her income and loss for the year are as
Sara owns stock in two S Corporations, MK and RI, and materially participates in both businesses. Her income and loss for the year are as follows:
Salary $113,700; her share of MK income $42,000; her share of RI loss $(28,000).
What is Sara's AGI?
Group of answer choices
$113,700
$155,700
$127,700
$85,700
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