Taxpayer is single, age 60, and has gross income of $140,000. His deductible expenses are as follows:

Alimony $24,000

Charitable contributions 4,000

Contribution to a traditional IRA 5,500

Expenses paid on primarily personal use rental property 7,500

Interest on home mortgage and property taxes on personal residence 7,200

State income tax 2,200

What is Taxpayer's AGI?

A. $94,100

B. $103,000

C. $127,000

D. None of these choices are correct.

E. $107,000