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Angeline designs high - end jewelry. Joe, her favorite client ordered a custom diamond - platinum tiara for his wifes birthday. Angeline told him it

Angeline designs high-end jewelry. Joe, her favorite client ordered a custom diamond-platinum tiara for his wifes birthday. Angeline told him it would cost him $78,000. Joe didnt bat an eye and brought her the briefcase full of cash the very next day. When Angeline receives this much cash, what is her immediate responsibility to the IRS?

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