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During 2015,Esther Had the Following Transactions: Salary $70,000 Interest Income

Question 163

Multiple Choice

During 2015,Esther had the following transactions: Salary $70,000 Interest income on Xerox bonds 2,000 Inheritance from uncle 40,000 Contribution to traditional IRA 5,500 Capital losses 2,500 Esther's AGI is:


A) $62,000.
B) $64,000.
C) $67,000.
D) $102,000.
E) $104,000.

Correct Answer:

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