Solved

In 2014,Cindy Had the Following Transactions A) $114,000\$ 114,000 B) $103,000\$ 103,000

Question 49

Multiple Choice

In 2014,Cindy had the following transactions:
 Salary$90,000Short-term capital gain from a stock investment 4,000 Moving expense to change jobs(11,000) Received repayment of $20,000 loan she made to her sister in 2010 (includes no interest)  20,000State income taxes (5,000) Cindy’s AGT is. \begin{array} { l } \text { Salary}&\$90,000\\ \text {Short-term capital gain from a stock investment }&4,000\\ \text { Moving expense to change jobs}&(11,000) \\ \text {Received repayment of \( \$ 20,000 \) loan she made to her sister in 2010 (includes no interest) }&20,000\\ \text {State income taxes }&(5,000) \\\\ \text {Cindy's AGT is. }&\\\end{array}


A) $114,000\$ 114,000
B) $103,000\$ 103,000
C)  $98,000. \text { \$98,000. }
D) $94,000\mathbf { \$ 9 4 , 0 0 0 }
E) $83.000.\$ 83.000 .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions