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John smith died on may 15 of the current year. After his death, his estate received interest of $500, dividends of $700, salary of $4000,
John smith died on may 15 of the current year. After his death, his estate received interest of $500, dividends of $700, salary of $4000, and life insurance proceeds of $35,000. How much should Mr. Smiths estate include in income on its current-year income tax return?
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