During 2023, Millie had the following transactions: Salary - $60,000 Inheritance from estate of deceased...
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Accounting
During 2023, Millie had the following transactions: Salary - $60,000 Inheritance from estate of deceased uncle - $100,000 Life insurance proceeds received from Prudential (Millie was named as the beneficiary of her uncle's policy) - $50,000 Loss on the sale of a houseboat (used for personal purposes) - $4,000 Millie's AGI is:
a.$160,000.
b.$60,000.
c.$210,000.
d.None of the options.
e.$57,000.
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