A review of Bradley's Year 2 records disclosed the following tax information.
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Wages
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$18,000
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Taxable interest and qualifying dividends
|
4,000
|
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Schedule C trucking business net income
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32,000
|
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Rental (loss) from residential property
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(35,000)
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Limited partnership (loss)
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(5,000)
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Bradley actively participated in the rental property and was a limited partner in the partnership. Bradley had sufficient amounts at risk for the rental property and the partnership. What is Bradley's Year 2 adjusted gross income?