7. During the year, Gregory and Lulu received the following qualifying dividends and interest:

Interest:

Vintage Bank $3,775 Bob’s Big Bank 360 Bank of Ireland 220 City of Atlanta Tax Exempt Bonds 1,490 Dividends:

Southwest Airlines 110 Heinz Foods 216 Also, Lulu owns Series EE U.S. savings bonds. During the year, the bond redemption value increased by $1,300. Lulu has not elected the accrual method for these bonds. There were no Irish taxes paid on the interest from the Bank of Ireland.

All the above stocks, bonds, and bank accounts are community property.