Bruce, Who Is Single, Had the Following Items for the Current

question 73

Multiple Choice

Bruce, who is single, had the following items for the current year:
? Salary of $80,000.
? Gain of $20,000 on the sale of § 1244 stock acquired two years earlier.
? Loss of $75,000 on the sale of § 1244 stock acquired three years earlier.
? Worthless stock of $15,000. The stock was acquired on February 1 of the prior year and became worthless on January 15 of the current year.
Determine Bruce's AGI for the current year.

• A) $27,000
• B) $38,000
• C) $42,000
• D) $47,000
• E) None of the above

---

Definitions:

Significant Symptoms

Important or noticeable signs that indicate the presence of a disease or health condition.

Health History Form

A document that records a patient's medical history, allergies, and other health-related information.

Body Functions

Physiological or psychological functions of body systems, encompassing everything from breathing and digestion to thinking and emotional regulation.

Review of Systems

A systematic process of questioning a patient about different body systems to identify any symptoms they may have.