I. Calculate Gross Income For Della Douglass based on the following facts: (Provide an explanation for why you did or did not include an item in gross income)

Salary $200,000

Sole proprietorship income $50,000

Interest from State of Georgia bonds $40,000 Capital gain $20,000

Darla inherited $400,000 from her great aunt Dora. Darla won $4,000 at Church Bingo

Darla's brother Darren paid back $60,000 on July 1, 2018, he had borrowed the money from Darla in 2011.

Darla received a $50,000 legal settlement from a broken leg that she incurred in a car accident. Dividends $20,000

Unemployment compensation $10,000

Child Support $30,000

Alimony divorce decree was signed in 2012, $60,000

Darla found a diamond bracelet on the beach. The bracelet has a fair market value of $30,000

Darla received a gift of $70,000 from her mother.

Partnership income $30,000

Rental Income $15,000

Darla was the beneficiary of a life insurance policy of her grandfather. She received $100,000 upon his death in 2020.

Interest from US Treasury Bonds $20,000