Gamora and Star-Lord are married. Gamora has a 15-year-old son (Groot) from her previous marriage. The Guardian's reported the following financial information pertaining to their activities during the current year. Use this information to calculate their Gross income for 2021. A Gamora works as a financial analyst and earns a salary of $326,000. B Star-Lord owns an electronics repair and retail shop. The shop collected $189,000 in revenues. During the year, he spent $42,500 for supplies, $38,500 for utilities, $25,000 for rent, 27,900 in salaries, and $9,800 for miscellaneous expenses. One customer gave him use of his vacation home for 4 week-ends (worth $26,600) in exchange for a new audio system with 3 TVs and surround sound for his house. Star-Lord accounts for his business activities using the cash method of accounting. Star-Lord's father passed away on December 12. As beneficiary of his father's life insurance policy, Star- Lord received $950,000. D Gamora received $2,900 cash and a gold watch valued at $750 for reaching 15 years of continuous service at Galaxy Financial Partners E Gamora received $2,700 of interest from Raccoon corporate bonds and $3,560 of interest from a Thanos City bond. Gamora received these bonds prior to her marriage to Star-Lord. Gamora borrowed $42,000 from Galaxy Financial Partners to purchase a car. Galaxy charged her 0.9 percent interest ($375) on the loan, which she paid off on December 31, but they would have charged her $1,986 if interest was calculated at the applicable federal interest rate. F G For meeting her performance goals this year, Gamora was informed on December 23 that she would receive a $20,000 year-end bonus. Galaxy (located in San Antonio, Texas) mailed the bonus check from its payroll processing center (Miami, Florida) on December 22. Gamora didn't receive the check at her home until January 2. H Gamora's employer pays the couple's annual health insurance premiums of $16,500 for a qualified plan. I Star-Lord won a $6,210 cash prize at a raffle drawing for Groot's sports team fund raiser and then donated his winnings back to the sports team. J Gamora is a 22 percent owner of Cyclops Inc., a Subchapter S corporation. The company reported ordinary business income for the year of $198,000. Gamora acquired the Cyclops stock 15 years ago. Gross Income Use the table below to show what you did and did not include in their Gross Income and your explanation. Feel free to add additional rows if necessary. Item Amount Explanation