A married couple reported the following items for the current year:

Salaries $95,000
Dividends $1,000
Interest income on savings account $500
Loss from rental real estate ($2,000)
Both spouses actively participate in the rental real estate activities. What is the taxpayers’ adjusted gross income on a joint return for the year?

Group of answer choices

$95,000

$96,500

$98,500

$94,500