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Karl works at Moe's grocery. This year Karl was paid $54,000 in salary, but he was allowed to purchase his groceries at 10 percent
Karl works at Moe's grocery. This year Karl was paid $54,000 in salary, but he was allowed to purchase his groceries at 10 percent below Moe's cost. This year Karl spent $6,480 to purchase groceries, costing Moe $7,200. The groceries were worth $10,800. What amount must Karl include in his gross income? Multiple Choice $64,800 $54,720 O $60,480 $56,500 $61,200
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