The Business Is a Proprietorship Owned by T $\quad$ $\$ 100,000$

Multiple Choice

The business is a proprietorship owned by T.T is single and has no other tax information. Income from services $\quad$$\$ 100,000$
Net capital loss $\quad$ 2,200
Guaranteed compensation paid to $\mathrm { T } \quad 10,000$
Life insurance premium for $\mathrm { T }$ ,
payable to T's children $\quad$ 300
Other operating expenses $\quad 54,000$ Ignoring self-employment taxes, T's A.G.I, is

A) $33,500
B) $33,800
C) $36,000
D) $43,800