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How Much Gross Income Does Faith Have from the Following $6,000\$ 6,000

Question 69

Multiple Choice

How much gross income does Faith have from the following items of economic income?
?
- Received cash gift of $6,000\$ 6,000 from parents.
- Received $12,000\$ 12,000 in alimony payments from former spouse (2017 agreement) .
- Received $18,000\$ 18,000 in child support payments from former spouse (2017 agreement) .
- Won $6,000\$ 6,000 in a slot machine in Las Vegas.
- Faith's vacation home on Lake Tahoe increased in value by $15,000\$ 15,000 .
- Collected $14,000\$ 14,000 in unempl oyment benefits.


A) $18,000
B) $30,000
C) $32,000
D) $38,000
E) $50,000

Correct Answer:

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