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Abner owned bonds that paid $750 of interest on the first day of January each year. Exactly one-third of the way through the current year,
Abner owned bonds that paid $750 of interest on the first day of January each year. Exactly one-third of the way through the current year, Abner gave the bonds to his brother, Brody. When Brody receives the $750 of interest on the first day of January next year, what amount of the $750, if any, will be included in Brody's gross income next year?
$0.
$250.
$500.
$750.
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