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Using the Net Worth Method,calculate an Individual's Income from Unknown

Question 14

Multiple Choice

Using the net worth method,calculate an individual's income from unknown sources.The following information is available: Increase in net worth
$100,000
Known income
$80,000
Salary
$60,000


A) $0
B) $10,000
C) $20,000
D) $40,000

Correct Answer:

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