Question: Question Content AreaDuring 2 0 2 4 , Enrique had the following transactions: Salary $ 7 0 , 0 0 0 Interest income on Xerox

Question Content AreaDuring 2024, Enrique had the following transactions:
Salary $70,000
Interest income on Xerox bonds 3,000
Inheritance from uncle 40,000
Contribution to traditional IRA 6,500
Loss on sale of stock 2,500
Enrique's AGI is:
a. $64,000.
b. $66,500.
c. $70,500.
d. $104,000.

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