Question: Deb has found it very difficult to repay her loans. Because of these difficultes, the bank decided to forgive one of her most recent loans,

Deb has found it very difficult to repay her loans. Because of these difficultes, the bank decided to forgive one of her most recent loans, an amount of

545, 000 .

Afer the loan was d ischarged. Deb had total antets of $

232.000

and her remaining loans totaled $

217, 000 .

What amount must Deb include in her gross income?

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