Ben, age 67, and Karla, age 58, have two children who live with them and...

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Accounting

Ben, age 67, and Karla, age 58, have two children who live with them and for whom they provide total support. Their daughter is 21 years o disabled, is not a full-time student and has no income. Her twin brother is 21 years old, has good sight, is a full-time student and has incom claim both twins as dependents.
True
False
Question 11
During the year, Cathy received the following:
Dividends of $4,000 from Lindsay Corporation. Cathy's father owns the stock and directed the corporation to send the dividends
A car worth $30,000 for being the 1,000 thcustomer at a new car dealership.
$3,500 from her employer to assist her with adopting a special needs child.
A stock dividend (100 shares trading at $100 per share) from Azul, Inc. She could have taken $10,000 in cash, but she chose the s
What total amount must Cathy include in income on her tax return?
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