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Mary and Philip Purchased an Apartment Building in January 2011,which

Question 93

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Mary and Philip purchased an apartment building in January 2011,which they actively manage.During the current year,the apartment building generates a loss of $35,000.Their other income is as follows: Mary and Philip purchased an apartment building in January 2011,which they actively manage.During the current year,the apartment building generates a loss of $35,000.Their other income is as follows:   ​ What is Mary and Philip's adjusted gross income? A) ​$59,000 B) ​$63,000 C) ​$84,000 D) ​$88,000 E) ​None of the above.
What is Mary and Philip's adjusted gross income?


A) ​$59,000
B) ​$63,000
C) ​$84,000
D) ​$88,000
E) ​None of the above.

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