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Herbert was employed for the first six months of 2016 and earned $90,000 in salary. During the next six months, he collected $8, 800 of
Herbert was employed for the first six months of 2016 and earned $90,000 in salary. During the next six months, he collected $8, 800 of unemployment compensation, borrowed $12,000 (using his personal residence as collateral), and withdrew $2,000 from his savings account (including $60 of interest). He received dividends of $550. His luck was not all bad, for in December, he won $1, 500 in the lottery on a $5 ticket. Indicate how much (if any) of each item is included in Herbert's gross income. If your answer is zero enter "0
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