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Liz and Doug were divorced on December 31 of the current year after 10 years of marriage. Their current year's income received before the divorce
Liz and Doug were divorced on December 31 of the current year after 10 years of marriage. Their current year's income received before the divorce was as follows: Doug's salary $41,000 Liz's salary $55,000 Rent on apartments purchased by Liz 15 years ago $8,000 Dividends on stock Doug inherited from his mother 4 years ago $1,900 Interest on a savings account in Liz's name funded with her salary $2,400 Allocate the income to Liz and Doug assuming that they live in: a. California. Doug: $ Liz: $ b. Texas. Doug: $ Liz: $
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