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For each of the following, determine the amount that should be included in gross income: a ) Joe was selected as the most valuable player
For each of the following, determine the amount that should be included in gross income: a Joe was selected as the most valuable player in the Super Bowl. In recognition of this, the league not Joe's employer awarded him a sports car worth $ and $ in cash. b Wanda won the Mrs America contest. She received various prizes valued at $
For each of the following, determine the amount that
should be included in gross income:
a Joe was selected as the most valuable player in the
Super Bowl. In recognition of this, the league not
Joe's employer awarded him a sports car worth $
and $ in cash.
b Wanda won the Mrs America contest. She received
various prizes valued at $
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