The right one is supposed to be 52,020.

My second guess was to end up with 48,020

I guess 3(d) subdivision b of 4,000 shouldn't be deducted, and I don't know why.

Could you tell me how to get the answer as 52,020?

Question 3 0/2 points Gary has a sole proprietorship that earned net income $42,000 in the current year. Gary also has an incorporated business that had a net loss of $4,000 during the year. Gary received $9,000 in spousal support from his ex-wife during the year, and disposed of an asset during the year which originally cost him $5,460. Gary received $7,500 for the sale of the asset. What is Gary's Net Income for Tax Purposes for the current year? $52,020 $48,020 $53,040 x $49,040 3 (a) subdiv b 42,000 subaliud 9,000 51,000 316 Subdiv c capital gain = 7500-5460=20140 Taxable Capital Gain = 3x2040 = 1020 ACL =0 Net Taxable Capital Gan= 1020-0=lozo 3(d) Subdiv b (4000) 48,020 1,020 52,020