LO.1, 2, 3, 4 Compute the taxable income for 2010 for Curtis on the basis of the following information. His filing status is single.

Salary $90,000 Interest income from bonds issued by the City of San Diego 3,000 Alimony payments made 3,600 Contribution to traditional IRA 5,000 Gift from grandparents 26,000 Capital loss from stock investment 2,000 Amount lost in football office pool (sports gambling is against the law where Curtis lives) 1,500 Number of potential dependents (two cousins,who live in another state) 2 Age 39