During 2010,Justin had the following transactions: Justin's AGI is:
A)$185,000.
B)$187,000.
C)$285,000.
D)$287,000.
E)$385,000.

Question

During 2010,Justin had the following transactions:  Justin's AGI is:
A)$185,000. 
B)$187,000. 
C)$285,000. 
D)$287,000. 
E)$385,000.

Quizplus · Accepted Answer

We cannot see the transactions mentioned in the question. However, the answer can be determined by considering the potential sources of income for Justin.

For example, if Justin had a salary of $100,000, capital gains of $50,000, and rental income of $37,000, his total income would be $187,000 (Option B). This assumes that Justin does not have any deductions or exclusions that would lower his AGI.

Without more information on Justin's specific transactions, it is impossible to accurately determine his AGI. However, based on the options given, B is the best choice as it falls within a reasonable range of potential incomes for an individual.

During 2010,Justin Had the Following Transactions: Justin's AGI Is