Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sebastian received the following in 2021: cash a

Sebastian received the following in 2021: Cash award for winning an Academic Decathlon...

50.1K

Verified Solution

Question

Accounting

Sebastian received the following in 2021:

Cash award for winning an Academic Decathlon $ 1,800

Cash prize for winning the Turkey Trot 5K $ 500

Trip to Jamaica from a game show $ 5,600

Scholarship that pays his tuition $12,000

Scholarship that pays his room and board $10,000

Car as an inheritance from his grandpa worth $22,000

Cash gift from his parents to help him with college $ 5,000

Wages from his part-time job at Dairy Queen $ 8,800

Punitive damages from a physical injury $25,000

Unemployment compensation $ 5,500

What is Sebastians gross income?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

what is the boiling point of Hoveyda-Grubbs 2nd Generation Catalyst?

Physics
1.2K views

(This has to do with Physics) 6.1.1 How does a capacitor charge?    6.1.2 How does a capacitor...

Basic Math
1.2K views

Problem 7 20 For the information given state the value of the five remaining tr...

Basic Math
1.2K views

From December 2007 through March 2012 researchers at the University of Pittsburgh studied a new...

Basic Math
1.2K views

Brianna purchases a car. The value of the car is modeled by the function 25000(0.92)^t....

Calculus
1.2K views

Find dy If cx y U 3 and U 3x dy dx

Algebra
1.2K views

Find mBCD in circle A 61 60 A 2

Accounting
1.2K views

Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second...

Accounting
1.2K views

Montello Inc. purchases a delivery truck for $11,000. The truck has a salvage value of...

Accounting
1.2K views

Choose correct alternative. Which, if any, of the following items could be included in...

Accounting
1.2K views

11 Addlock Corp. and its comparable firms have the following financial data. (in millions, except...

Accounting
1.2K views

Question 4 Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners....