What Constitutes Income (LO. 1) How much taxable income should each of the following taxpayers report? a. Kimo builds custom surfboards. During the current year, his total revenues are $84,600, and he incurs $30,100 in expenses. Included in the $30,100 is a $8,300 payment to Kimo's five-year-old son for services as an assistant. Kimo has to report X of taxable income from the custom surfboard business on his personal tax return. Feedback b. Manu gives hula lessons at a local bar. During the current year, she receives $9,500 in salary and $8,250 in tips. In addition, she engages in illegal behavior, for which she receives $9,550. > Manu has to report s of taxable income