Shannon received interest from the following sources during 2022. Interest from from a savings account $2,000 Interest

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Shannon received interest from the following sources during 2022.

Interest from from a savings account $2,000

Interest from U.S. Treasury Bonds $1,800

Interest from City of Riley Bonds $200

Interest from a Kansas state income tax refund dispute $75

Interest from a certificate of deposit $900 with an early withdrawal penalty of $90

How much gross income does Shannon have from the interest payments in 2022?

Related Book For answer-question

Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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Posted Date: May 10, 2023 07:37 AM

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Shannon received interest from the following sources during 2022. Interest from from a savings account $2,000 Interest

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The gross income from interest payments that Shannon received in 2022 is the total in... View the full answer

Introduction to Governmental and Not for Profit Accounting

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