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Joline Operates Adventure Tours as a Sole Proprietorship If Joline Has Other Income of $6,000,what Is Her Adjusted

Question 62

Multiple Choice

Joline operates Adventure Tours as a sole proprietorship.For the year,Adventure Tours has the following income and expense items:
Sales revenues $325,000 Short-term capital gains 5,000 Short-term capital losses (9,000)  Trade and business expenses (185,000)  Taxable income $136,000\begin{array}{lr} \text {Sales revenues } &\$ 325,000 \\ \text { Short-term capital gains } &5,000 \\ \text { Short-term capital losses } &(9,000) \\ \text { Trade and business expenses } &\underline {(185,000) } \\ \text { Taxable income } &\$ 136,000\end{array}
If Joline has other income of $6,000,what is her adjusted gross income?


A) $141,000
B) $142,000
C) $143,000
D) $146,000

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