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Services in exchange for property

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Juan works as a landscaper for local businesses on weekends, and he often provides services in exchange for property. This year Juan provided lawn-mowing services in exchange for $1,790 of car repair services, $5,700 of groceries, and a certificate of deposit (CD) for $6,350. The CD matures next year with interest. Finally, Juan received a gift card that can only be applied for $1.810 of clothing at a local mall. Juan has only applied the gift card to purchase $213 of clothing. Compute Juan's gross income, assuming that he uses the cash basis of accounting.

Reference no: EM133268541

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