Nell, single and age 38, had the following income and expenseitems in 2008: Nonb

Question

Nell, single and age 38, had the following income and expenseitems in 2008:

Nonbusiness baddebt                                                                 $6,000

Business bad debt                                                                       2,000

Nonbusiness long-term capitalgains                                            4,000

Nonbusiness short-term capitalloss                                             3,000

Salary                                                                                        40,000

Interest income                                                                          1,000

Determine Nell

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