Let's denote Dan's adjusted gross income as \( D \) and Elizabeth's adjusted gross income as \( E \).
From the information given, we can set up the following equations:
- \( E = D + 3,761 \) (Elizabeth's income is $3,761 more than Dan's)
- \( E + D = 55,277 \) (Their combined income)
We can substitute the first equation into the second equation:
\[ (D + 3,761) + D = 55,277 \]
Combining like terms, we get:
\[ 2D + 3,761 = 55,277 \]
Next, we will isolate \( D \) by subtracting \( 3,761 \) from both sides:
\[ 2D = 55,277 - 3,761 \]
Calculating the right side:
\[ 2D = 51,516 \]
Now, we divide by 2 to find \( D \):
\[ D = \frac{51,516}{2} = 25,758 \]
Now that we have \( D \), we can find \( E \):
\[ E = D + 3,761 = 25,758 + 3,761 = 29,519 \]
Therefore, Elizabeth Morrell's adjusted gross income is \( \boxed{29,519} \).