In the current year, Dennis was injured in an automobile accident. He received $325,00 to cover medical bills and $625,000 for physical and mental pain. For the year, what amount should Dennis include in gross income? O $0 O $325,000 O $625,000 O $950,000 Ivan acquires 3 machines for $60,000 which have FMV as follows: Machine 1 - $30,000; Machine 2 - $20,000; Machine 3 - $10,000 Ivan also incurs common cost of $3,000. How much of the common cost should be allocated to Machine 2? O $3,000 O $1,000 O $1,500 O $0