Cyril, who is 68 years of age, received Social Security benefits of $12,000, wages of $5,000, interest and dividends of $4,000, unemployment compensation of $5,400 and municipal bond interest of $1,500. Calculate Cyril's adjusted gross income.
A) $14,400.
B) $25,500.
C) $19,200.
D) $12,000.
Correct Answer:
Verified
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