Maria, Who Is Single, Reports the Following Items for 2019

Essay

Maria, who is single, reports the following items for 2019: $\begin{array}{llcc} \text {Salary } &\$80,000\\ \text { Loss on sale of \( \S 1244 \) small business stock acquired three years ago } &(60,000)\\\end{array}$
$\begin{array}{llcc} \text {Stock acquired two years ago became worthless during the year } &(5,000)\\ \text {Long-term capital gain } &25,000\\ \text { Nonbusiness bad debt } &(15,000)\\ \text { Federal disaster area casualty loss on property held six months } &(6,000)\\ \text { Federal disaster area casualty gain on property held four years } &4,000\\ \\ \text { Determine Maria's adjusted gross income for 2019. } &\\\end{array}$