- Required Information The Following Information Applies To The Questions Displayed Below What Amounts Are Included In 1 (11.45 KiB) Viewed 11 times
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- Required Information The Following Information Applies To The Questions Displayed Below What Amounts Are Included In 5 (6.43 KiB) Viewed 11 times
a. Janus sued Tiny Toys for personal Injuries from swallowing a toy. Janus was paid $35,000 for medical costs and $275,000 for punitive damages. Amount included in Gross Income
b. Carl was injured in a car accident. Carl's insurance paid him $51,000 to reimburse his medical expenses and an additional $25,500 for the emotional distress Carl suffered as a result of the accident. Amount included in Gross Income
c. Ajax published a story about Pete, and as a result Pete sued Ajax for damage to his reputation. Ajax lost in court and paid Pete an award of $22,500. Amount included in Gross Income
d. Bevis was laid off from his job last month. This month he drew $1,000 in unemployment benefits. Amount included in Gross Income