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Heather's interest and gains on investments for 2015 were as follows: Interest on U.S. Government bonds $ 600 Interest on Bland County school bonds 500
Heather's interest and gains on investments for 2015 were as follows:
Interest on U.S. Government bonds | $ 600 |
Interest on Bland County school bonds | 500 |
Interest on a federal income tax refund | 100 |
Gain on the sale of Bland County school bonds | 400 |
Heather's gross income from the above is:
$1,600. | ||
$1,500. | ||
$1,200. | ||
$1,100. | ||
None of the above. |
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