calculating adjusted gross income\ncalya, while calculating their tax adjustments, notes that they can make…

calculating adjusted gross income\ncalya, while calculating their tax adjustments, notes that they can make adjustments of $3,435 for contributions to their retirement plan, $3,393 for business losses, and $1,128 for business expenses. if calyas gross income is $45,942, what is their adjusted gross income?\n$53,898\n$40,242\n$41,421\n$37,986
Answer
Explanation:
Step1: Calculate total adjustments
$3435 + 3393+1128=7956$
Step2: Calculate adjusted gross income
$45942 - 7956 = 37986$
Answer:
$37,986$ (corresponding to the last option)