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Prizes and Awards (LO 2.4) How much of each of the following is taxable? If the amount is not taxable, enter O. a. Cheline, an

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Prizes and Awards (LO 2.4) How much of each of the following is taxable? If the amount is not taxable, enter "O. a. Cheline, an actress, received a $6,400 gift bag for attending the Academy Awards Ceremony during 2017 t e b. Jon received a gold watch worth $660 for 25 years of service to his accounting firm (not a qualified award). c. Kerry won $1,000,000 in her state lottery d. Deborah is a professor who received $30,000 as an award for her scientific research from the university that employs her

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