Assume the same facts as in Problem I:8-34. In addition, assume that in 2024, Angela receives an

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Assume the same facts as in Problem I:8-34. In addition, assume that in 2024, Angela receives an additional $$7,000$ in a settlement of a lawsuit arising because of the snow-skiing accident. $$4,000$ of the settlement is to pay Angela’s medical bills, and $$3,000$ is to reimburse her legal expenses. What is the proper tax treatment of this $$7,000$ settlement?

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