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 $1,890 of car repair services, $4,200 of groceries, and a certificate of deposit (CD)for $6,300. The CD matures next year with interest. Finally, Juan received a gift card that can only be applied for $990 of clothing at a local mall. Juan has only applied the gift card to purchase $181 of clothing. Compute Juan's gross income, assuming that he uses the cash basis of accounting.

Question

Quizplus · Accepted Answer

The Answer of 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 $1,890 of car repair services, $4,200 of groceries, and a certificate of deposit (CD)for $6,300. The CD matures next year with interest. Finally, Juan received a gift card that can only be applied for $990 of clothing at a local mall. Juan has only applied the gift card to purchase $181 of clothing. Compute Juan's gross income, assuming that he uses the cash basis of accounting.

Juan Works as a Landscaper for Local Businesses on Weekends