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Determine rogers adjusted gross income

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Reference no: EM132580315

Roger, an individual , owns a proprietorship green options. for the year 2019, roger reports the following items:

business income 200,000

business expense 150,000

Loss on a completely destroyed business machine. the machine had an adjusted basis of 25000 and a fair market value of 20000

Loss on a business truck. the truck had an adjusted basis of 8000. the repairs to fix the truck cost 10000

Question 1: Determine rogers adjusted gross income for 2019.

Reference no: EM132580315

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