This year, Janelle received $180,000 in life insurance proceeds. Under the following scenarios, how much of the $180,000 is taxable?

Note: Leave no answer blank. Enter zero if applicable.

Required:

Janelle received the proceeds upon the death of her father, Julio.

Janelle received the $180,000 proceeds because she was diagnosed with colon cancer (life expectancy of six months), and she needed the proceeds for her care.

The proceeds related to a life insurance policy she purchased for $21,600 from a friend in need. After purchase, Janelle paid annual premiums that total $9,900.