Sally received $78,900 of compensation from her employer and she received $543 of interest from a corporate bond. What is the amount of Sally's gross income from these items?
A)$0.
B)$543.
C)$78,900.
D)$79,443.

Question

Quizplus · Accepted Answer

Gross income is the total income earned by an individual, which includes compensation from an employer, interest earned on investments, and any other sources of income. Therefore, the amount of Sally's gross income from her compensation and interest would be $78,900 + $543 = $79,443. Option D is the correct answer.

Sally Received $78,900 of Compensation from Her Employer and She