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- Jordan pays premiums of $6,000 for an insurance policy that has a face amount of $15,000 on the life of Jack and subsequently transfers

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- Jordan pays premiums of $6,000 for an insurance policy that has a face amount of $15,000 on the life of Jack and subsequently transfers the policy to Jasmine for $4,000. Upon Jack's death, Jasmine receives the proceeds of $15,000. - Mario qualifies for the foreign earned income exclusion. He was present in France for 356 days of 2022 . Mario's salary for 2022 is $150,000. How much should Jasmine, Wendy and Mario include in their gross income, respectively? Jasmine =$11,000; Wendy =$0; Mario =$40,762 Jasmine =$0; Wendy =$0; Mario =$40,762 Jasmine =$9,000; Wendy =$3,700; Mario =$112,000 Jasmine =$2,000; Wendy =$3,700; Mario =$150,000 Jasmine =$11,000; Wendy =$0; Mario =$109,238 - Jordan pays premiums of $6,000 for an insurance policy that has a face amount of $15,000 on the life of Jack and subsequently transfers the policy to Jasmine for $4,000. Upon Jack's death, Jasmine receives the proceeds of $15,000. - Mario qualifies for the foreign earned income exclusion. He was present in France for 356 days of 2022 . Mario's salary for 2022 is $150,000. How much should Jasmine, Wendy and Mario include in their gross income, respectively? Jasmine =$11,000; Wendy =$0; Mario =$40,762 Jasmine =$0; Wendy =$0; Mario =$40,762 Jasmine =$9,000; Wendy =$3,700; Mario =$112,000 Jasmine =$2,000; Wendy =$3,700; Mario =$150,000 Jasmine =$11,000; Wendy =$0; Mario =$109,238

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