X vas x Question 7 1.75 pts Bill and Bett Cummings are married and file a joint return. Bill earned a salary of $62,000, and Bett earned $34,000. They earned $2,500 in interest during the year. They had unreimbursed employee business expenses of $2,500. They also gave $8,000 to various churches. What is their adjusted gross income? $107,300 $104,800 $98,500 $96,800 Question 8 1.75 pts Jim made a gift of land to Ann during 2020. The property is worth $350,000 at the time of the gift. Jim paid $60,000 for the property in 2005. Ann needs money and sells the property for $280,000. What is Ann's gain or loss on the sale