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oldise eBook Problem 4-53 (LO. 2, 4) Herbert was employed for the first six months of 2020 and earned $90,000 in salary. During the next

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oldise eBook Problem 4-53 (LO. 2, 4) Herbert was employed for the first six months of 2020 and earned $90,000 in salary. During the next six months, he collected $8,800 of unemployment compensation, borrowed $12,000 (using his personal residence as collateral), and withdrew $2,000 from his savings account (including $60 of interest). He received dividends of $550. His luck was not all bad; in December, he won $1,500 in the lottery on a $5 ticket. indicate how much (if any) of each item is included in Herbert's Item Amount Included in Gross Income Salary $ 90,000 Unemployment compensation 8,800 VA Loan proceeds 0 Savings account withdrawal (including interest) 2,060 x X Dividend income 550 Lottery winnings 1,500 Gross income 100,910 V

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