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Rhett made his annual gambling trip to Uwin Casino. On this trip, Rhett won $250 at the slots and $1,200 at poker. Also this

Rhett made his annual gambling trip to Uwin Casino. On this trip, Rhett won $250 at the slots and $1,200 at poker. Also this year Rhett made several trips to the racetrack, but he lost $700 on his various wagers. What amount must Rhett include in his gross income? 17 Multiple Choice $1,450 $1,200 $750

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