Compute the taxable income for 2016 for Emily on the basis of the following information. Her filing status is single.

Salary ................................................................................$85,000

Interest income from bonds issued by Xerox .................................. 1,100

Alimony payments received ...................................................... 6,000

Contribution to traditional IRA .................................................. 5,500

Gift from parents .................................................................. 25,000

Short-term capital gain from stock investment ................................ 2,000

Amount lost in football office pool ............................................. 500

Number of potential dependents (two cousins, who live in Canada) ....... ?

Age ................................................................................... 40