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MMLU-Pro / 7590 / Miss Lane had the following income tax information in 1978 while she worked as a…

Problem

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question

Miss Lane had the following income tax information in 1978 while she worked as a reporter on a large metropolitan news paper: Taxable income $15,000 Exemptions 1,500 Business Expenses 6,000 Non business Expenses 3,000 Find Miss Lane's adjusted gross income and gross income for 1978.

category

economics

options

  1. Adjusted Gross Income: $19,500, Gross Income: $25,500
  2. Adjusted Gross Income: $8,500, Gross Income: $23,500
  3. Adjusted Gross Income: $20,000, Gross Income: $25,000
  4. Adjusted Gross Income: $9,000, Gross Income: $21,000
  5. Adjusted Gross Income: $16,500, Gross Income: $28,500
  6. Adjusted Gross Income: $12,000, Gross Income: $27,000
  7. Adjusted Gross Income: $11,500, Gross Income: $22,500
  8. Adjusted Gross Income: $10,500, Gross Income: $20,500
  9. Adjusted Gross Income: $19,000, Gross Income: $26,000
  10. Adjusted Gross Income: $18,500, Gross Income: $24,500

src

stemez-Economics

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