Determine tonyas adjusted gross income for the current


Tonya had the following items for last year:

Salary   $40,000

Short-term capital gains   $12,000

Nonbusiness bad debt   ($10,000)

Long-term capital loss   ($8,000)

For the current year, Tonya had the following items:

Salary   $45,000

Collection of last year’s bad debt   $12,000

Determine Tonya's adjusted gross income for the current year.

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Financial Management: Determine tonyas adjusted gross income for the current
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