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Nancy received the following items this year: Gift from a friend, $5,000 Casino gambling winnings $45,500 (her losses were $1,000) Interest from a state of
Nancy received the following items this year:
Gift from a friend, $5,000
Casino gambling winnings $45,500 (her losses were $1,000)
Interest from a state of Alabama bond, $1,600
What is the effect of these items on her total income?
Group of answer choices
$47,100
$45,500
$44,500
$46,100
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