Question 7 of 75 All income from a canceled debt may be excluded from income if the taxpayer O Received a Form 1099-C with $18,400 in box 2 and $16,700 in box 7, and they were insolvent by $2,900. O Had a debt of $5,400 canceled, and prior to the debt, they were insolvent by $2,750 O Had $12,500 of debt canceled, and prior to the cancellation, they were insolvent by $13,000. ' Had a debt of $8,750 canceled, and prior to the debt, they were insolvent by $7,500. All income from a canceled debt may be excluded from income if the taxpayer O Received a Form 1099-C with $18,400 in box 2 and $16,700 in box 7, and they were insolvent by s2.900. O Had a debt of $5,400 canceled, and prior to the debt, they were insolvent by $2,750 O Had $12,500 of debt canceled, and prior to the cancellation, they were insolvent by $13.000. O Had a debt of $8,750 canceled, and prior to the debt, they were insolvent by s7.,500. Question 7 of 75 All income from a canceled debt may be excluded from income if the taxpayer O Received a Form 1099-C with $18,400 in box 2 and $16,700 in box 7, and they were insolvent by $2,900. O Had a debt of $5,400 canceled, and prior to the debt, they were insolvent by $2,750 O Had $12,500 of debt canceled, and prior to the cancellation, they were insolvent by $13,000. ' Had a debt of $8,750 canceled, and prior to the debt, they were insolvent by $7,500. All income from a canceled debt may be excluded from income if the taxpayer O Received a Form 1099-C with $18,400 in box 2 and $16,700 in box 7, and they were insolvent by s2.900. O Had a debt of $5,400 canceled, and prior to the debt, they were insolvent by $2,750 O Had $12,500 of debt canceled, and prior to the cancellation, they were insolvent by $13.000. O Had a debt of $8,750 canceled, and prior to the debt, they were insolvent by s7.,500