Question: 4. Moving to the next question prevents changes to this answer. Question 20 of 50 Question 20 1 points Frankie purchased an annuity that provides

4. Moving to the next question prevents changes to this answer. Question 20 of 50 Question 20 1 points Frankie purchased an annuity that provides $12,000 quarterly payments for the next 10 years. The annuity was purchased at a cost of $300,000. How much of the first quarterly payment will Frankie include in her gross income? O $4,500 O 87,200 O $12,000 O $32,400 None of the choices are correct

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