Daniel, age $38,$ is single and has the following income and expenses in $2024$:

Salary income $$86,000$

Net rent income $6,000$

Dividend income $3,500$

Payment of alimony $($divorce finalized in March $2022)12,000$

Mortgage interest on residence $11,900$

Property tax on residence $3,200$

Contribution to traditional IRA $7,000$

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 $2,800$

Federal income tax $9,700$

Calculate Daniel$$s AGI.

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