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Lori Had the Following Income and Losses During the Current

Question 7

Multiple Choice

Lori had the following income and losses during the current year:  Wages $22,000 Share of partnership income 18,000 Unemployment compensation 12,000 Gambling winnings 2,000 Gambling losses (5,000)  Prize won from a charity raffle 30,000\begin{array} {| l | r | } \hline \text { Wages } & \$ 22,000 \\\hline \text { Share of partnership income } & 18,000 \\\hline \text { Unemployment compensation } & 12,000 \\\hline \text { Gambling winnings } & 2,000 \\\hline \text { Gambling losses } & ( 5,000 ) \\\hline \text { Prize won from a charity raffle } & 30,000 \\\hline\end{array} What is Lori's adjusted gross income?


A) $72,000
B) $79,000
C) $82,000
D) $84,000

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