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Karl works at Moe's grocery. This year Karl was paid $44,000 in salary, but he...

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Accounting

Karl works at Moe's grocery. This year Karl was paid $44,000 in salary, but he was allowed to purchase his groceries at 20 percent below Moe's cost. This year Karl spent $4,160 to purchase groceries, costing Moe $5,200. The groceries were worth $7,800. What amount must Karl include in his gross income?

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