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69. In computing income under the net worth method. the following facts are found: Total assets $1.600.000Total liabilities 825.000Nondeductible expenses 120.000 Net worth at beginning

image text in transcribed 69. In computing income under the net worth method. the following facts are found: Total assets $1.600.000Total liabilities 825.000Nondeductible expenses 120.000 Net worth at beginning of year 560.000Adjusted gross income is: a. $170.000.b. $215.000.c. $290.000. d. $335000.e. None of the above

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