Sally has found it very difficult to repay her loans. Because of these difficulties, the bank decided to forgive one of her most recent loans, an amount of $89,000. After the loan was discharged, Sally had total assets of $240,000 and her remaining loans totaled $223,000. What amount must Sally include in her gross income?

Multiple Choice

• $89,000

• $72,000

• $30,000

• $0

• $17,000