This year Jack intends to file a married-joint return. Jack received $180,400 of salary and paid $5,350 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $8,150 and $34,200 of alimony to his ex-wife, Diane, who divorced him in 2012.

1) What is Jack's adjusted gross income?

2) Suppose that Jack also reported income of $11,800 from a half share of profits from a partnership. Disregard any potential self-employment taxes on this income. What AGI would Jack report under these circumstances?