Length 12 months 24 months $14,000 $24,000 Determine the income to be recognized in taxable income in 2018 and 2019. Length of Contract 2018 Income 2019 Income 12 months 24 months a. b.. d. 23. LO.3 Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of taxable dividends on stock he purchased in his name and paid from the salary that he earned since the marriage. Zola collected $900 in taxable interest on a certificate of deposit she inherited from her aunt. Compute Zola's gross income under two assumptions as to the state of residency of the couple. If an amount is zero, enter "$0." Idaho (Community Property State) South Carolina (Common Law State) d.. Dividends Interest a. b. C. Salary e. f. 24. LO.4 Casper and Cecile divorced in 2018. As part of the divorce settlement, Casper transferred stock to Cecile. Casper purchased the stock for $25,000,