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Danny received the following interest and dividend payments this year. What amount should Danny include in his gross income? Source Amount City of Atlanta bond

Danny received the following interest and dividend payments this year. What amount should Danny include in his gross income?

Source Amount
City of Atlanta bond interest $1,200
U.S. Treasury bond interest 500
State of Georgia bond interest 1,000
Ellis Company common stock dividend 400
Row Corporation bond interest 600

a.$2,500

b.$1,500

c.$3,700

d.$2,200

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