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Bryan, Age 66, Is Retired What Is Their Joint Gross Income?
A) $10,500
B) $11,050

Question 25

Multiple Choice

Bryan, age 66, is retired. His wife, Rebecca, age 64, still works part-time. They have income from the following sources:
 Rebecca’s salary $10,000 Bryan’s pension (all contributions made by his employer)  15,000 Bryan’s social security benefits 5,000 Interest income from State of Montana bonds 1,000 Dividend income from Ford Motor Co. stock 500 Lottery prize 50\begin{array} { l r } \text { Rebecca's salary } & \$ 10,000 \\\text { Bryan's pension (all contributions made by his employer) } & 15,000 \\\text { Bryan's social security benefits } & 5,000 \\\text { Interest income from State of Montana bonds } & 1,000 \\\text { Dividend income from Ford Motor Co. stock } & 500 \\\text { Lottery prize } & 50\end{array}
What is their joint gross income?


A) $10,500
B) $11,050
C) $25,500
D) $25,550
E) $30,550

Correct Answer:

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