Michele has found it very difficult to repay some loans. Because of the difficulties, the bank decided to forgive one of

Michele's most recent loans, an amount of $$45,000.$ After the loan was discharged, Michele had total assets of

$$232,000$ and Michele's remaining loans totaled $$217,000.$ What amount must Michele include in gross income?

Multiple Choice

$$15,000$

$$45,000$

$$30,000$

$$28,000$