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What is Georges gross income if he has the following: Salary =$78,000; Dividends = $4,000; interest on city of San Francisco bonds =$2,000; A gain

What is George’s gross income if he has the following:

Salary =$78,000; Dividends = $4,000; interest on city of San Francisco bonds =$2,000;

A gain of $14,000 on a stock sale and a $4,000 loss on a small sole proprietorship that he owns.

a. $96,000

b. $92,000

c. $84,000

d. $78,000

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