Taylor, Who Works for a Public Accounting Firm, Had the Following

Taylor, who works for a public accounting firm, had the following transactions for 2019: $\begin{array}{lr}\text { Salary } & \$ 85,000 \\\text { Moving expenses incurred to change jobs } & (12,000) \\\text { Inheritance received from deceased uncle } & 300,000 \\\text { Life insurance proceeds from policy on uncle's life (Taylor was named the beneficiary) } & 200,000 \\\text { Cash prize from church raffle } & 3,000 \\\text { Payment of church pledge } & (4,500)\end{array}$ What is Taylor's AGI for 2019?

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$88,000 [$85,000 (salary) + $3,000 (raff...

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