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Question 15 8 points Save Answer Arnold was employed during the first six months of...

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Question 15 8 points Save Answer Arnold was employed during the first six months of the year and earned a $90,000 salary. During the next six -months, he collected 57,200 of unemployment compensation, borrowed $6,000 (using his personal residence as collateral), and withdrew $1,000 from his savings account (including $SO interest). When he left his former employer, he withdrew his retirement benefits (a qualified annuity) in a lump sum of$60,000. He made no contributions to the plan, Arnold's parents loaned him $10,000 (interest-free) on July 1, of the current year, when the Federal rate was 3%. Arnold did not repay the loan during the year and used the money for living expenses. Calculate Arnold's adjusted gross income for the year. Arial 13 (120) T.S.E i 34 Words: 0 Pathp Question 15 of 18 Moving to another question will save this response

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