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Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following
Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following taxpayers? Note: Leave no answers blank. Enter zero if applicable. Problem 5-69 Part c (Algo) c. Ajax published a story about Pete, and as a result Pete sued Ajax for damage to his reputation. Ajax lost in court and paid Pete an award of $25,250. Amount included in Gross Income
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