On December 6 Ed Grimely appeared on the game show
On December 6, Ed Grimely appeared on the game show, “The Wheel of Fate.” As a result of his appearance, Grimely won the following prizes.
a. Assuming that Grimely received all these prizes by the end of the year, compute his gross income for the year as a result of his winnings.
b. Will this amount change if Grimely refuses to accept the calliope lessons immediately after the program’s taping session is completed?
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