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Joanna received $52,500 compensation from her employer, the value of her stock in ABC company appreciated by $5,700 during the year (but she did not
Joanna received $52,500 compensation from her employer, the value of her stock in ABC company appreciated by $5,700 during the year (but she did not sell any of the stock), she received $20,000 of life insurance proceeds from the death of her husband. What is the amount of Joanna's gross income from these items?
Multiple Choice
$52,500.
$58,200.
$78,200.
$72,500.
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