Roberto has received 2 raises.

On his first raise he received a 40% bump, therefore his new salary was $80,000 * 140% = $<<80000*140*.01=112000>>112,000

On his second raise, Roberto received a 20% bump, therefore his current salary is $112,000 * 120% = $<<112000*120*.01=134400>>134,400

# Answer

134400
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
Roberto recently received a 20% raise from his previous salary, which was already 40% higher than his starting salary. If Roberto's starting salary was $80,000, what is his current salary?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
134400
Roberto recently received a 20% raise from his previous salary, which was already 40% higher than his starting salary. If Roberto's starting salary was $80,000, what is his current salary?
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