Zina Chaburi has a full time job as a nurse in her local hospital. In her spare time she has agoat farming operation. The goat farm began in 2013, and resulted in a loss of $10,000.She deducted the maximum allowable amount against her 2013 income. In 2014, most ofthe problems had been worked out, and Zina had a profit from the farm operation of$5,000, as well as employment income of $90,000. Determine Ms. Chaburi’s taxable in-come for 2014.

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Taxable incomeemployment income farm operation profits 900005000 95000 Explanation Taxable inc... View the full answer