Question: Walt was convicted of murder and sent to prison for
Walt was convicted of murder and sent to prison for life. Walt continued to profess his innocence. His sister, Wanda, believed him. After spending three years in law school and two years gathering facts, she proved that he was innocent. Walt and Wanda assigned the book, movie, and photo rights concerning their story to Sundance Films for $ 500,000. How is this payment treated by Walt and Wanda?
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