13. James received interest during the year from the following sources: Interest from US Treasury Bonds Interest from Amazon.com Inc. bonds Bank Savings Account Personal loan to a friend City of Sodor, LA bonds (issued to build a new school) In addition, James also sold the City of Sodor bonds for a gain of $300. James's wife died during the current year and James was the beneficiary of a life insurance policy on her life. The life insurance policy was for $500,000, which he elected to receive in 10 annual installments of $60,000 each. He received the first payment of $60,000 in the current year. What is the total amount which will be added to his taxable income for the above items? $12,100 900 $13,000 $13,600 d. $63,600 e. $503,600 PLOD 1100 300 $ 900 1,100 200 500 600 1500