174. Randy Lowe reported the following items in computing his regular federal income tax for 2011:

Personal exemption $3,700 Itemized deduction for state taxes 1,500 Cash charitable contributions 1,250 Net long-term capital gain 700 Tax-exempt interest from private activity bonds issued in 2009 1,000 What are the amounts of tax preference items and adjustments that must be added to or subtracted from regular taxable income in order to compute Lowe’s alternative minimum taxable income for 2011?

Preferences Adjustments

a. $1,000 $5,200

b. $1,000 $5,850

c. $1,700 $6,150

d. $2,250 $5,400