Dara and Richardo were divorced on May 20, 2018, after 12 years of marriage. Their current...

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Dara and Richardo were divorced on May 20, 2018, after 12 years of marriage. Their current year's income received before the divorce included: Richardo's salary $30,000 Dara's salary 24,000 Rent a business office purchased by Dara 14 years ago Interest on CD Richardo inherited five years ago Dividends on stock in Dara's name funded with her salary 16,000 140 900 Allocate the income to Dara and Richardo, applying the community property rules of: a. California. Richardo: $ 27,590 Dara: $ 43,450 b. Idaho. Richardo: $ Dara: $ Feedback V Cheak My Work State law in Louisiana, Texas, New Mexico, Arizona, California, Washington, Idaho, Nevada, and Wisconsin is based upon a community property system. In Alaska, spouses can choose to have the community property rules apply. All other states have a common law property system. The basic difference between common law and community property systems centers around the property rights of married persons. Dara and Richardo were divorced on May 20, 2018, after 12 years of marriage. Their current year's income received before the divorce included: Richardo's salary $30,000 Dara's salary 24,000 Rent a business office purchased by Dara 14 years ago Interest on CD Richardo inherited five years ago Dividends on stock in Dara's name funded with her salary 16,000 140 900 Allocate the income to Dara and Richardo, applying the community property rules of: a. California. Richardo: $ 27,590 Dara: $ 43,450 b. Idaho. Richardo: $ Dara: $ Feedback V Cheak My Work State law in Louisiana, Texas, New Mexico, Arizona, California, Washington, Idaho, Nevada, and Wisconsin is based upon a community property system. In Alaska, spouses can choose to have the community property rules apply. All other states have a common law property system. The basic difference between common law and community property systems centers around the property rights of married persons.

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Richardos Salary 30000 Daras Salary 24000 Rent in Business office purchased by Dara 14 years ago 160... View the full answer