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15) Ms. Marple's books and records for 2019 reflect the following information: 15) $65,000 Salary earned this year Interest on savings account (credited to her

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15) Ms. Marple's books and records for 2019 reflect the following information: 15) $65,000 Salary earned this year Interest on savings account (credited to her account in 2019, withdrawn in 2020) Interest on county bonds earned and collected in 2019 1,000 2,000 What is the amount Mch Marple should include in her gross income in 2019? A) $68,000 B) $65,000 $66,000 D) $67,000 16) 16) Speak Corporation, a calendar-year, cash-basis taxpayer, sells packages of foreign language lessons to individuals planning to work overseas. In December 2019, it sold and received payment for $600,000 of 24-month lesson packages to be provided evenly through 2020 and 2021. Speak Corporation will recognize the $600,000 of income A) all in 2019, B) all in 2020 C) half in 2020 and half in 2021. D) all in 2021

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