During 2017, Sarah Had the Following Transactions Sarah's AGI Is:
A)$185,000

question 49

Multiple Choice

During 2017, Sarah had the following transactions: $\begin{array}{lr}\text { Salary } & \$ 80,000 \\\text { Interest income on City of B altimore bonds } & 1,000 \\\text { Damages for personal injury (car accident) } & 100,000 \\\text { Punitive damages (same car accident) } & 200,000 \\\text { Cash dividends from Chevron Corporation stock } & 7,000\end{array}$ Sarah's AGI is:

• A)$185,000.
• B)$187,000.
• C)$285,000.
• D)$287,000.
• E)$387,000.

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