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31. I WILL UPVOTE Lanny and Shirley divorced in 2018 and do not live together. Shirley has custody of their child, Art, and Lanny pays
31. I WILL UPVOTE 
Lanny and Shirley divorced in 2018 and do not live together. Shirley has custody of their child, Art, and Lanny pays Shirley $22,000 per year. All property was divided equally. Problem 5-54 Part-c (Static) c. How much should Shirley include in income if Lanny's payments drop to $15,000 once Art reaches the age of 18? Amount to be included in gross income Step by Step Solution
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
