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This year Eleanor earns $180,000 in wages as a senior manager of an accounting firm. She also earns $13,000 in gross income from an outside

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This year Eleanor earns $180,000 in wages as a senior manager of an accounting firm. She also earns $13,000 in gross income from an outside jewelry business she operates (this business is not a hobby). Deductible expenses paid in connection with the jewelry business amounted to $3,000. Eleanor also has a recognized long-term capital gain of $1,000 from the sale of a stock investment. Her net Schedule C earnings are: O a) $0. b) $10,000. O c) $13,000. O d) $14.000 e) None of the above

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