Jocelyn and Esteban file a joint return. For the current year, they had the following items:

Salaries .........................................................................................................$120,000
Loss on sale of § 1244 stock acquired two years ago ...............................105,000
Gain on sale of § 1244 stock acquired six months ago ..............................20,000
Nonbusiness bad debt ...................................................................................19,000

Determine their AGI for the current year.