Question: QUESTION 4 The Evans decided it was time to downsize and sold their home - buying a condo. They sold their home for $300,537.

QUESTION 4 The Evans decided it was time to downsize and sold

QUESTION 4 The Evans decided it was time to downsize and sold their home - buying a condo. They sold their home for $300,537. It cost them $284,725 10 years ago. How much should they include in gross income? QUESTION 5 Lois's father passed away on April 14. She inherited cash of $48,264 from her father and his baseball card collection, valued at $1,769. As the beneficiary of her father's life insurance policy, Lois also received $149,511. How much should they include in gross income? 12.5 points Save Answer 12.5 points Save Answer

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