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Question 1:During 2019, Marie had the following transactions assuming she files as single: ...

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Accounting

Question 1:During 2019, Marie had the following transactions assuming she files as single:

Salary

$50,000

Bank loan (proceeds used to buy personal auto)

15,000

Alimony received (Assume divorce finalized January 21, 2019)

10,000

Child support received

12,000

Student Loan Interest Paid.

3,000

Inheritance from deceased aunt

50,000

Maries AGI is:

Group of answer choices

97,000

47,500

60,000

57,500

Answer & Explanation Solved by verified expert
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