For the Current Year, David Has Wages of $80,000 and the Following

question 146

Multiple Choice

For the current year, David has wages of $80,000 and the following property transactions: $\begin{array}{llr} \text { Stock investment sales- } &\\ \text { Long-term capital gain} &\$ 9,000\\ \text { Short-term capital loss} &(12,000) \\ \text { Loss on sale of camper (purchased four years ago and used for family vacations) } &(2,000) \\\end{array}$
What is David's AGI for the current year?

• A) $76,000.
• B) $77,000.
• C) $78,000.
• D) $89,000.
• E) None of these.

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Definitions:

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Problem-Focused Coping

Problem-focused coping involves directly addressing a problem causing stress in order to reduce or eliminate it.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, proposed by Hans Selye, comprising stages of alarm, resistance, and exhaustion.

Alarm Reaction

describes the initial response of the body to stress, involving the activation of the sympathetic nervous system and release of stress hormones.