om the beneficiary of a $29.000 insurance polay on the life of his mother. Because Johnmede fundo, in alle tie policy to handle, Lara, tor97.000. Lana wenty pre prema Requirement How much income must Lane report if she coloca the face value of the policy upon the hof her mother? Would Lana have to report any income of her brother had given her the policy Assume the only payment she made was 10,000 for the Requirement How much Income musta report if she colects the face value of the policy upon the death of her mother? (Enterono come reeds to be more) Lane colects the tece value of the policy upon the death of her mother, the should report income of