Alexandra operates a garage as a sole proprietorship. Alexandra also owns a half interest in a partnership that operates a gas station. This year Alexandra paid or reported the following expenses related to her garage and other property. Determine Alexandra's AGI for 2020.
Definitions:
Herfindahl-Hirschman Index
A measure of market concentration used to evaluate potential antitrust concerns, calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.
Industry
The collection of businesses and activities involved in the manufacturing, production, or provision of goods and services in a particular sector.
Firm(s)
Businesses or corporations established to perform economic activities, such as producing goods or offering services to consumers.
Dango
A Japanese term referring to informal gatherings or consortia where companies collude, often used in the context of bid-rigging.
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