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As a Result of Their Divorce This Year,Carlos Made the Following

Question 102

Multiple Choice

As a result of their divorce this year,Carlos made the following payments to Michelle,his former wife:
How much gross income should Michelle report as a result of the above transfers?
As a result of their divorce this year,Carlos made the following payments to Michelle,his former wife: How much gross income should Michelle report as a result of the above transfers? A) $7,200 B) $12,000 C) $17,200 D) $87,200 E) $92,000


A) $7,200
B) $12,000
C) $17,200
D) $87,200
E) $92,000

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