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11. Irene is disabled and receives payments from a number of sources. The interest payments are from bonds that Irene purchased over past years and
11. Irene is disabled and receives payments from a number of sources. The interest payments are from bonds that Irene purchased over past years and a disability insurance policy that Irene purchased herself.
Interest, bonds issued by City of Austin, Texas | $ | 3,050 |
Social Security benefits | 9,650 | |
Interest, U.S. Treasury bills | 2,050 | |
Interest, bonds issued by Ford Motor Company | 1,250 | |
Interest, bonds issued by City of Quebec, Canada | 1,330 | |
Disability insurance benefits | 22,400 | |
Distributions from qualified pension plan | 8,100 | |
Calculate Irenes gross income.
Gross income?
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