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Bernie is a former executive who is retired. This year Bernie received $185,000 in corporate...

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Question

Accounting

Bernie is a former executive who is retired. This year Bernie received $185,000 in corporate bond interest and $17,700 of social security payments. What amount must Bernie include in his gross income?

Multiple Choice

  • $202,700

  • $185,000

  • $0

  • $193,850

  • $200,045

Answer & Explanation Solved by verified expert
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