Answer: $138545
Step-by-step explanation:
Given the above information, Johnson's AGI is calculated below:
Gross income = $274000
Less: Business expenses = $44750 + $50700 + $19900 = $115350
Less: Rental expenses = $8690
Less: Self employed health insurance = $4690
Less: Self employed taxes = $1345
Less: Alimony = $5380
AGI = $138545