Mark Mullins had the following transactions or involuntary conversions during 2018:

a. His diamond gemstones costing \(\$ 4,000\) in 2012 were sold for \(\$ 5,000\).

b. His office building owned for four years was damaged by fire. The loss after insurance recovery was \(\$ 12,000\).

c. Equipment purchased in 2013 for \(\$ 18,000\) with a basis at the time of sale of \(\$ 6,000\) was sold for \(\$ 11,000\) on January 1, 2018.

d. An apartment building purchased on January 1,1986 , for \(\$ 300,000\) was sold for \(\$ 124,000\) on January 1, 2018.

Mark took accelerated depreciation of \(\$ 236,000\). Straight-line depreciation would have been \(\$ 200,000\).

e. Land used in his business for four years was condemned by the state. The award was \(\$ 60,000\). Cost of the land was \(\$ 74,000\). No replacement of the property was made.

f. 200 shares of Carter Corporation stock were sold for \(\$ 19,000\) on August 25,2018 . The stock was originally purchased in 2013 for \(\$ 15,000\).

g. 100 shares of Dalton Corporation stock were sold for \(\$ 8,000\) on July 23,2018 . The stock was originally purchased on February 10,2018 , for \(\$ 2,000\).

Mark, single and age 42 with no dependents, has adjusted gross income of \(\$ 76,000\) and itemized deductions of \(\$ 15,000\) without considering the above items. What is Mark's taxable income for 2018?