In 2019, Cathy Cummings, single, 66 years of age, and legally blind, had wages and net rental income (after depreciation) of $30,000 and received $500 in interest income. She had $17,000 of allowable itemized deductions. In addition, she had the following transactions during 2019:

a. She sold stock for $2,800. She had inherited the stock from her father, who had an adjusted basis in the stock of $1,200. The fair market value at the date of his death was $1,800.

b. During 2018, Cathy had purchased some Almond Corp. stock. On January 22, 2018, she paid $5 a share for 20 shares, and on May 13, 2018, she paid $8 a share for 10 shares. She sold 15 shares during 2019 for $10 a share.

Those shares most recently purchased were identified as being sold.

c. Cathy sold to her sister Janice stock in Bass Corp. for $800. She had an adjusted basis of $950 in this stock.

d. Cathy built a new house in 2019 and converted her former residence into rental property. At the time of the conversion, the adjusted basis of the old house was $144,000 with a fair market value of $140,000. She sold the rental house for $141,000 in October 2019, four months after its conversion to rental property, and took depreciation of $1,000 for the four months.

Compute Cathy's taxable income for 2019. Treat all income as ordinary income.