5 po QUESTION 14 Danny Nawrocki purchased an annuity for $120,000. The annuity pays $18,000 a year for 10 years. How much of each payment must Danny include as gross income? QUESTION 15 5 po Kathy Zvinakis sold a piece of rental property for $210,000 and paid the real estate agent $8,000 in fees. She purchased the property for $170,000 several years ago and deducted $40,000 of depreciation on her tax returns over her years of ownership. What gain should Kathy recognize on the sale?