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What Is George's Gross Income If He Has the Following

Question 31

Multiple Choice

What is George's gross income if he has the following: Salary = $78,000;Dividends = $4,000;interest on city of San Francisco bonds = $2,000;a gain of $14,000 on a stock sale and a $4,000 loss on a small sole proprietorship that he owns.


A) $78,000
B) $84,000
C) $92,000
D) $96,000

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