Ms. Watts owns stock in two S corporations, MKP Corporation and Reynolds Inc. This year, Ms. Watts had the following income and loss items. 
If Ms. Watts materially participates in the business of both corporations, compute her AGI.
Definitions:
Regular Exercise
A routine of physical activity performed consistently for the purpose of maintaining or improving one's health and fitness.
Reduced Cancer Risk
The lowering of the probability of developing cancer, achieved through lifestyle changes, such as diet, exercise, and avoidance of carcinogens.
Cardiovascular Fitness
The ability of the heart, blood cells, and lungs to supply oxygen-rich blood to the working muscle tissues and the ability of these muscles to use oxygen to produce energy for movement.
Immune Response
The body's defense mechanism against pathogens, involving the activation of immune cells and the production of antibodies.
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