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Required information [The following information applies to the questions displayed below] Grady is a member of a large family and received the following payments this

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Required information [The following information applies to the questions displayed below] Grady is a member of a large family and received the following payments this year. For each payment determine whether the payment constitutes realized income and determine the amount of each payment Grady must include in his gross income. (Leave no answer blank. Enter zero if applicable.) b. One thousand shares of GM stock worth $184 per share inherited from Grady's uncle. The uncle purchased the shares for $41 each, and the shares are worth $189 at year-end. Whether the payment constitutes realized income? Amount to be included in Gross Income Nes Required information [The following information applies to the questions displayed below] Grady is a member of a large family and received the following payments this year. For each payment, determine whether the payment constitutes realized income and determine the amount of each payment Grady must include in his gross income. (Leave no answer blank. Enter zero if applicable.) c. A gift of $66,000 of Ford Motor Bonds. Grady received the bonds on October 31, and he received $1,980 of semiannual interest from the bonds on December 31 Whether the payment constitutes realized income for the gift of Ford Motor Bonds? Amount to be included in Gross Income for the gift of Ford Motor Bonds Whether the payment constitutes realized income for the interest from the Bonds? Amount to be included in Gross Income for the interest from the Bonds O Required information [The following information applies to the questions displayed below.} Grady is a member of a large family and received the following payments this year. For each payment, determine whether the payment constitutes realized income and determine the amount of each payment Grady must include in his gross income. (Leave no answer blank. Enter zero if applicable) d. A loan of $5,800 for school expenses from Grady's aunt Whether the payment constitutes realized income? Amount to be included in Gross Income

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