Question: The following information is available for Ann Drury for 2010: Salary $36,000 Premiums paid by employer on group-term life insurance in excess of $50,000 500

The following information is available for Ann Drury for 2010:

Salary $36,000 Premiums paid by employer on group-term life insurance in excess of $50,000 500 Proceeds from state lottery 5,000 How much should Drury report as gross income on her 2010 tax return?

a. $36,000

b. $36,500

c. $41,000

d. $41,500

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