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What is Juanita gross income for the year

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Question - During the year, Juanita has the following income:

Gift from her father to help with her student loans $8,500

Interest income on US Treasury Bond $400

Interest income on the municipal bond issued by the City of Chicago $250

Interest income from her savings account at BMO Bank $165

Life insurance proceeds on the death of her mother $45,000

Required - What is Juanita's gross income for the year?

Reference no: EM132571785

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