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Question

Joanna received $59,400 compensation from her employer, the value of her stock in ABC company appreciated by $6,000 during the year (but she did not sell any of the stock), she received $26,200 of life insurance proceeds from the death of her husband. What is the amount of Joanna's gross income from these items?

Multiple Choice

  • $65,400.
  • $85,600.
  • $59,400.
  • $91,600.

 

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