What is an individuals gross personal cash flow available for debt service if the individuals personal tax returns lists the following: Wages and salaries of $80,000; Non-taxable amount of retirement distribution of $4,000; Taxable amount of retirement distribution of $21,000; Net profit from a sole proprietorship of $8,000; Depreciation within the sole proprietorship of $7,000; and Annual living expenses on the individuals personal financial statements of $16,000.

$100,000

$138,000

$104,000

$120,000