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What is Georges gross income if he has the following: Salary = $78,000; Dividends = $4,000; interest on city of San Francisco bonds = $2,000;

What is Georges gross income if he has the following: Salary =

$78,000; Dividends = $4,000; interest on city of San Francisco bonds =

$2,000; a gain of $14,000 on a stock sale and a $4,000 loss on a small sole proprietorship that he owns.

a. $96,000 b. $92,000 c. $84,000 d. $78,000

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