Stan, a Computer Lab Manager, Earns a Salary of $80,000

question 24

Multiple Choice

Stan, a computer lab manager, earns a salary of $80,000 and receives $25,000 in dividends and interest during the year.In addition, he incurs a loss of $40,000 from an investment in a non-real estate passive activity.His at-risk amount in the activity at the beginning of the year is $55,000.What is Stan's adjusted gross income for this year?

• A)$65,000.
• B)$70,000.
• C)$105,000.
• D)None of the above.

---

Definitions:

Fast Mapping

A process that helps to explain how young children learn the connection between a word and its referent so quickly.

Differentiation

The process of distinguishing or segregating things or ideas into specific categories or classes.

Pickup Truck

A light-duty vehicle with an enclosed cab and an open cargo area with low sides and tailgate.

Bilingualism

The ability to fluently speak two languages.