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3. What is Georges gross income if he has the following: Salary = $78,000; Dividends = $4,000; interest on city of San Francisco bonds =

3. What is Georges gross income if he has the following: Salary = $78,000; Dividends = $4,000; interest on city of San Francisco bonds = $2,000; a gain of $14,000 on a stock sale and a $4,000 loss on a small sole proprietorship that he owns.

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