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Patricia, a professional gambler, had the following income and expenses in her business $ 275,000 Gambling winnings Expenses Fees paid for illegal information Travel costs

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Patricia, a professional gambler, had the following income and expenses in her business $ 275,000 Gambling winnings Expenses Fees paid for illegal information Travel costs office expenses Supplies Business long-distance phone charges Tickets for illegal parking 18,000 $ 8,000 5,000 3,000 1,000 900 How much net income must Patricia report from this business? Multiple Choice O $0. $239.100. $240.000 $258.000

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