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James purchased an annuity for $300,000 in 2021 , which will pay him $30,000 per year for life. His life expectancy is 25 years. If

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James purchased an annuity for $300,000 in 2021 , which will pay him $30,000 per year for life. His life expectancy is 25 years. If he receives $30,000 in the current year (2022), calculate the amount he must include as gross income in 2022. $30,000$12,000$14,000$18,000 $0 Du ring 2022 Enrique, who is single, had the following transactions: Enrique's AGI is

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