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Bonnie receives salary income of $30,000, unemployment compensation of $5,400, and dividend income of $1,000 and a gift of $7,000 in cash from her aunt.
Bonnie receives salary income of $30,000, unemployment compensation of $5,400, and dividend income of $1,000 and a gift of $7,000 in cash from her aunt. Assume the tax year is 2011. (there is no exclusion for unemployment comp). What is Bonnie's Gross Income?
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