Kiara, a married taxpayer filing a joint return, had the following items for 2006:
• Salary of $65,000.
• Loss of $45,000 on the sale of stock acquired two years ago from Mac, an investor.
• Gain of $40,000 on the sale of §1244 stock acquired three years ago.
• Stock acquired on January 15, 2006, for $5,000 became worthless on July 1, 2006.
Determine Kiara's AGI for 2006.