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Katelynn, a physician, earns $200,000 from her medical practice in the current year. She receives $45,000...

Katelynn, a physician, earns $200,000 from her medical practice in the current year. She receives $45,000 in dividends and interest during the year as well as $5,000 of income from a passive activity. In addition, she incurs a loss of $50,000 from an investment in a passive activity. What is Katelynn’s AGI for the current year after considering the passive investment?

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