Daniel, age 38, is single and has the following income and expenses in 2017.

Salary income ....................................................................................................... $60,000
Net rent income ....................................................................................................... 6,000
Dividend income ...................................................................................................... 3,500
Payment of alimony .............................................................................................. 12,000
Mortgage interest on residence ......................................................................... 4,900
Property tax on residence .................................................................................... 1,200
Contribution to traditional IRA .......................................................................... 5,000
Contribution to United Church ......................................................................... 2,100
Loss on the sale of real estate (held for investment) ................................ 2,000
Medical expenses .................................................................................................... 3,250
State income tax ......................................................................................................... 300
Federal income tax ................................................................................................. 7,000

a. Calculate Daniel’s AGI.

b. Should Daniel itemize his deductions from AGI or take the standard deduction? Explain.