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Alex is 63 years old and retired. In 2015, Alex won $212,200 in the state lottery. Alex also received $20,000 from an annuity he purchased
Alex is 63 years old and retired. In 2015, Alex won $212,200 in the state lottery. Alex also received $20,000 from an annuity he purchased eight years ago. He purchased the annuity, to be paid annually for 15 years, for $157,500. Alex received $10,000 in Social Security benefits in 2015. Calculate Alex's gross income.
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