Determine Hazel gross income

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Problem - Determine Hazel's gross income from the following receipts for the year:

Gain on sale of Augusta County bonds $800

Interest on U.S. government savings bonds 400

Interest on state income tax refund 200

Interest on Augusta County bonds 700

Patronage dividend from Potato Growers Cooperative 350

The patronage dividend was received in March of the current year for amounts paid for her (nondeductible) garden and lawn supplies.

Reference no: EM132655640

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