Question
Sebastian received the following in 2021: Cash award for winning an Academic Decathlon $ 1,800 Cash prize for winning the Turkey Trot 5K $ 500
Sebastian received the following in 2021:
Cash award for winning an “Academic Decathlon” $ 1,800
Cash prize for winning the Turkey Trot 5K $ 500
Trip to Jamaica from a game show $ 5,600
Scholarship that pays his tuition $12,000
Scholarship that pays his room and board $10,000
Car as an inheritance from his grandpa worth $22,000
Cash gift from his parents to help him with college $ 5,000
Wages from his part-time job at Dairy Queen $ 8,800
Punitive damages from a physical injury $25,000
Unemployment compensation $ 5,500
What is Sebastian’s gross income?
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