Jeannie, a single taxpayer, retired during the year, to take over the management of some rental property. She had the following items of income and expense:
- Salary prior to retirement date $34,000
- Dividends from domestic corporation 4,000
- City of Los Angeles bonds 5,000
- Pension (60% exclusion ratio) 12,000
- Share of partnership income 14,000
- Partnership distribution 10,000
- Rent income 7,000
- Rent expenses 9,000
What is Jeannie's adjusted gross income for the year?