Alfred E. Old and Beulah A. Crane, each aged 42, married on 9/7/2018. They file a joint return for 2021.

They provide you with the following information:

1) Alfred was divorced from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay

Sarah $1,250 per month for the next 10 years or until Sarahs death, whichever occurs first. Alfred

pays $15,000 in 2021. In addition, in January 2021, Alfred pays Sarah $50,000 which is designated

as being for her share of marital property.

2) Beulah was divorced from Bob Crane in 2015. During 2021 she received $1,000 a month from him.

Per their divorce agreement, these payments cease once their child, Elias, turns 18.

3) Alfreds salary for 2021 is $150,000 working as an executive for Cherry, Inc. As part of his

compensation package, Cherry provides him with group term life insurance equal to twice his

annual salary.

4) Beulah Recently graduated from law school and is employed by the Legal Aid Society as a public

defender. She received a salary of $42,000 in 2021.

5) Alfred and Beulah had interest income of $500 in 2020. They also received a $1,900 refund on

their 2020 state taxes. They claimed the standard deduction on their 2020 federal taxes.

Based on the above information, what is Alfred and Beulahs Adjusted Gross Income for 2021?