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36. LO.2 Determine the effect on gross income in each of the following cases:a. Eloise received $150,000 in settlement of a sex discrimination case against

36. LO.2 Determine the effect on gross income in each of the following cases:a. Eloise received $150,000 in settlement of a sex discrimination case against her former employer.b. Nell received $10,000 for damages to her personal reputation. She also received $40,000 in punitive damages.c. Orange Corporation, an accrual basis taxpayer, received $50,000 from a lawsuit filed against its auditor who overcharged for services rendered in a previous year.d. Beth received $10,000 in compensatory damages and $30,000 in punitive dam-ages in a lawsuit she filed against a tanning parlor for severe burns she received from using its tanning equipment.e. Joanne received compensatory damages of $75,000 and punitive damages of $300,000 from a cosmetic surgeon who botched her nose job.Copyright 2020 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions

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