Paul has a loss from business operations in 2016 of $100,000 not including (a) $5,000 of state income taxes properly accrued for the year on the operations of the year because of differences between the state and federal depreciation deductions; (b) a $10,000 state income tax deficiency from a prior year based solely on redetermination of ending inventory in a prior year; (c) a federal income tax deficiency for the same prior year of $25,000, based on the same adjustment; (d) interest of $1,000 on the state deficiency and $2,500 on the federal deficiency; and (e) legal and accounting fees of $7,000 incurred in fighting the deficiencies that can reasonably be allocated in proportion to the deficiencies. What is Paul's net operating loss for 2016?