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29. Anthodium, Inc. reported the following during the year. -$400,000 proceeds of life insurance of an officer where Anghodium is the beneficiary ($600,000 still uncollected.)
29. Anthodium, Inc. reported the following during the year. -$400,000 proceeds of life insurance of an officer where Anghodium is the beneficiary ($600,000 still uncollected.) -$800,000 interest income, exclusive of $200,000 uncollected and accrued interest -$200,000 increase in. Alue of investment in stocks Compute the gross income under the cash basis. $1,400,000 b. $1,200,000 $1,000,000 d. $800,000 a. C. Anthodium, Inc. reported the following during the year. -$400,000 proceeds of life insurance of an officer where Anghodium is the beneficiary ($600,000 still uncollected) -$800,000 interest income, exclusive of $200,000 uncollected and accrued interest - $200,000 increase in. Alue of investment in stocks Compute the gross income under accrual basis $1,400,000 b. $1,200,000 $1,000,000 d. $800,000 a. c
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