What is jerry agi for the current year, Accounting Basics

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What is jerry agi for the current year

Question: Jerry, an attorney, earns $200,000 from his law practice in the current year. He also receives $5,000 of income from a passive activity and a loss of $10,000 from an investment in another passive activity. What is Jerry's AGI for the current year after considering the passive investments? Group of answer choices $215,000 $205,000 $200,000 $195,000 $190,000

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