Teri Frazier owned three businesses and rental

properties in $2023.$ During the year, her hait

salon business experienced a $$32,000$ net

doss. She participated $200$ hours in the hair

salon business. All of the salon's employees

worked more than $600$ hours for $2023.$ Her

second business was a coin$-$operated laundry.

She did not participate over $100$ hours in

the laundry operation. It had a net loss of

$$14,500.$ The third business was a flower shop,

which had net income of $$45,000$ for $2023.$

She participated well over $1,000$ hours in the

flower shop business. None of the activities

was located within one$-$half mile of each

other. She also received dividends of $$12,000$

from her IBM stock, and interest of $$14,000$

from her AT& T bonds. In addition, Frazier

had a net loss of $$18,000$ from her real estate

rentals $($where she was an active participant$).$

Compute her adjusted gross income.