PLEASE SHOW WORK THANK YOU

Problem 1: Determine Gross Income Kit and Anna Grossfield are married and were residents of Albuquerque, NM for the entire year. During 2022 they had the following receipts: Additional information - Kit went on a game show and won a car with a fair market value of $25,000. - One half of the interest is from a City of Albuquerque bond, the remainder is from corporate bonds. - Janice sends Kit and Anna the same amount each year as a gift. - The Gamestop stock was originally purchased for $5,000. Problem 1: Determine Gross Income Kit and Anna Grossfield are married and were residents of Albuquerque, NM for the entire year. During 2022 they had the following receipts: Additional information - Kit went on a game show and won a car with a fair market value of $25,000. - One half of the interest is from a City of Albuquerque bond, the remainder is from corporate bonds. - Janice sends Kit and Anna the same amount each year as a gift. - The Gamestop stock was originally purchased for $5,000