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Required informetion [The following information applies to the questions displayed below] For the following independent cases, determine whether economic income is present and, if so,
Required informetion [The following information applies to the questions displayed below] For the following independent cases, determine whether economic income is present and, if so, whether it must be included in gross income (i.e, is it realized and recognized for tax purposes?) Note: Leave no answers blank. Enter zero if applicable. . Ben sold stock for $10,000 and paid a sales commission of $250. Ben purchased the stock several years ago for $4,000. Required information [The following information applies to the questions displayed below] For the following independent cases, determine whether economic income is present and, if so, whether it must be included in gross income (i.e, is it realized and recognized for tax purposes?) Note: Leave no onswers blank. Enter zero if opplicable. Bessie is a partner in SULU Enterprises UC. This year SULU reported that Bessie's share of rental income was $2.700 and her share f municipal interest was $750
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