David Amber collected and paid the following amounts in cash for the month of July 2022. How much are the total revenue and total capital items for the month. Family Gift Bonus paid by employer Salary paid by employer Winnings from a lottery Purchased a car Select one: a. $3,000; $3,270 b. $3,450; $1,270 c. $3,450; $1,450 d. $3,270; $3,450 $1,000 $450 $3,000 $270 $2,000

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
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David Amber collected and paid the following amounts in cash for the month of July 2022. How much are the
total revenue and total capital items for the month.
Family Gift
Bonus paid by employer
Salary paid by employer
Winnings from a lottery
Purchased a car
Select one:
a. $3,000; $3,270
b. $3,450; $1,270
c. $3,450; $1,450
d. $3,270; $3,450
$1,000
$450
$3,000
$270
$2,000
Transcribed Image Text:David Amber collected and paid the following amounts in cash for the month of July 2022. How much are the total revenue and total capital items for the month. Family Gift Bonus paid by employer Salary paid by employer Winnings from a lottery Purchased a car Select one: a. $3,000; $3,270 b. $3,450; $1,270 c. $3,450; $1,450 d. $3,270; $3,450 $1,000 $450 $3,000 $270 $2,000
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