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Elton Weiss and Reyna Herrera-Weiss are married and report the following income items: Eltons salary...

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Accounting

Elton Weiss and Reyna Herrera-Weiss are married and report the following income items:

Eltons salary is $ 254,000

Reynas Schedule C net profit 50,000

The income tax deduction for Reyna's SE tax was $3,532. Elton contributed the maximum to a Section 401(k) plan, and Reyna contributed the maximum to a SEP plan. Both spouses contributed $2,750 to their IRAs.

Required:

Compute their AGI.

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