Bruno and Diana are trying to calculate their gross income. Which of the following items...

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Finance

Bruno and Diana are trying to calculate their gross income. Which of the following
items should they exclude from their gross income?
$16,000 gift from Diana's mother for the down payment of their new house.
$20,000 borrowed by Bruno and Diana from First City Bank.
$12,000 increase in value of Delta stock, which they own in their brokerage
account.
$53,000 worth of home repair work that was exchanged for tax work by Bruno.
3 and 4
1,2, and 3
1,2, and 4
1 and 2
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