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Joanna received $70,200 compensation from her employer, the value of her stock in ABC company appreciated by $6,300 during the year (but she did not
Joanna received $70,200 compensation from her employer, the value of her stock in ABC company appreciated by $6,300 during the year (but she did not sell any of the stock), and she received $37,200 of life insurance proceeds from the death of her spouse. What is the amount of Joanna's gross income from these items?
Multiple Choice
$70,200
$113,700
$107,400
$76,500
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