32. A taxpayer had the following income and losses in the current year: ...
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32. A taxpayer had the following income and losses in the current year:
| Salary | $55,000 |
| Sold AT&T stock at a loss | ( 5,000) |
| Lottery prize | 4,500 |
| Gambling winnings | 8,000 |
| Gambling losses | ( 5,000) |
What is the taxpayer's adjusted gross income (not taxable income)?
A.
$59,500
B.
$64,500
C.
$62,500
D.
$57,500
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