In 2014, Cindy had the following transactions:
Salary $90,000
Short-term capital gain from a stock investment 4,000
Moving expense to change jobs (11,000)
Received repayment of $20,000 loan she made to her sister in 2010 (includes no interest) 20,000
State income taxes (5,000)
Cindy's AGI is:
a. $114,000.
b. $103,000.
c. $98,000.
d. $94,000.
e. $83,000.
Answer: E