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1. Walters, an individual, received the following in 2017: W-2 income Federal tax refund for 2016 Scholarship stipend, in return for teaching $10,000 1,250 assistant

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1. Walters, an individual, received the following in 2017: W-2 income Federal tax refund for 2016 Scholarship stipend, in return for teaching $10,000 1,250 assistant duties performed Cash inheritance from deceased great-uncle Considering only the above, what is Walters' 2017 gross income? a. $35,000 b. $36,250 25,000 5,000 c. $15,000 d. $16,250

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