Required information Problem 5-66 (LO 5-3) (The following information applies to the questions displayed below.] Bart is the favorite nephew of his aunt Thelma. Thelma transferred several items of value to Bart. For each of the following transactions, determine the effect on Bart's gross income. (Leave no answer blank. Enter zero if applicable.) Problem 5-66 Part-a a. Thelma gave Bart an auto worth $23,200. Thelma purchased the auto three years ago for $18,000. Amount to be included b. Thelma elects to cancel her life insurance policy, and she gives the cash surrender value of $15,600 to Bart. Amount to be included c. Bart is the beneficiary of a $110,000 whole life in c. Bart is the beneficiary of a $110,000 whole life insurance policy on the life of Thelma. Thelma died this year, and Bart received $110,000 in cash. Amount to be included d. Bart inherited 500 shares of stock from Thelma's estate. Thelma purchased the shares many years ago for $1,400, and the shares are worth $49,000 at her death. Amount to be included