During 2017, Marvin Had the Following Transactions Marvin's AGI Is:
A)$32,000

question 103

Multiple Choice

During 2017, Marvin had the following transactions: $$\begin{array} { l r } \text { Salary } & \$ 50,000 \\\text { Bank loan (proceeds used to buy personal auto) } & 10,000 \\\text { Alimony paid } & 12,000 \\\text { Child support paid } & 6,000 \\\text { Gift from aunt } & 20,000\end{array}$$ Marvin's AGI is:

• A)$32,000.
• B)$38,000.
• C)$44,000.
• D)$56,000.
• E)$64,000.

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