4 Assume that in addition to the information in Problem 39, Nell had the following items in 2018:

Personal casualty gain on an asset held for four months ............................$ 10,000
Personal casualty loss on an asset held for two years .......................................1,000

The casualty gains and losses are net of the $100-per-event floor. Determine Nell’s AG1 for 2018.

Data From Problem 39

Nell, single and age 38, had the following income and expense items in 2018:

Nonbusiness bad debt ....................................................$ 6,000
Business bad debt ...............................................................2,000
Nonbusiness long-term capital gain ..................................4,000
Nonbusiness short-term capital loss .................................3,000
Salary .................................................................................. 50,000
Interest income ..................................................................  3,000

Determine Nell’s AGI for 2018.