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Your client, Bob Dominguez, presents you with the following information regarding his income and expenses for the current year: INCOME EXPENSES Rent Expenses Expenses associated

Your client, Bob Dominguez, presents you with the following information regarding his income and
expenses for the current year:
INCOME
EXPENSES
Rent Expenses
Expenses associated with painting sales
OTHER INFORMATION
The Microsoft stock was purchased for $50,000 three years prior.
Bob elected to contribute 3% of his salary to his company's 401k plan
He Rented his second home for a total of 12 days and used it personally for the rest of the year.
He contributed $4,000 to his health savings account
Required: Determine Bob's AGI for the year? How would your answer change if instead of selling stolen
paintings he was a drug dealer?
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