Edgar Had the Following Transactions for 2017 What Is Edgar's AGI for 2017

question 128

Essay

Edgar had the following transactions for 2017: $\begin{array}{llr} \text { Salary } &&\$80,000\\ \text { Alimony paid } &&(4,000)\\ \text { Recovery from car accident-} &\\ \text { Personal injury damages } &\$40,000\\ \text { Punitive damages} &\underline{70,000}&110,000\\ \text { Gift from parents } &&20,000\\ \text { Property sales-} &\\ \text { Loss on sale of boat (used for pleasure and owned 4 years) } &(\$4,000)\\ \text {Gain on sale of ADM stock (held for 10 months as an investment) } &\underline{4,000}&(-0-)\\\end{array}$
What is Edgar's AGI for 2017?

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Definitions:

Task Significance

The degree to which a job has a substantial impact on the lives or work of other people, either in the immediate organization or the external environment.

Core Dimension

Fundamental aspects or elements that constitute the basis of a concept, theory, or organization.

Job Enrichment

A job design technique that is aimed at motivating employees by modifying work to improve its quality and the employees' autonomy.

Skill Variety

The degree to which a job requires a range of different activities and skills to carry out the work involved, contributing to worker satisfaction.