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Lily Had the Following Income and Losses During the Current

Question 101

Multiple Choice

Lily had the following income and losses during the current year:  Salary $75,000 Prize from quiz show 25,000 Unemployment compensation 8,000 Embezzled funds 30,000 Share of partnership income 35,000\begin{array} { | l | r | } \hline \text { Salary } & \$ 75,000 \\\hline \text { Prize from quiz show } & 25,000 \\\hline \text { Unemployment compensation } & 8,000 \\\hline \text { Embezzled funds } & 30,000 \\\hline \text { Share of partnership income } & 35,000 \\\hline\end{array} What is Lily's adjusted gross income?


A) $135,000
B) $143,000
C) $165,000
D) $173,000

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