Rylie fhad the following income and expenses for the year: ( he is from Philippines) Compensation Income, Philippines (gross of CWT of P10,000)         1,200,000 Business Income, Philippines                                                              350,000 Business Income, Canada                                                                   200,000 Vacant lot inherited from her mother                                               500,000 Cash dividend from Le Corp, a domestic corporation                      400,000 Share in the net income of a business partnership                            50,000 Share in the net income of an exempt joint venture                        100,000 Winnings in Lotto, Philippines                                                         1,540,000 Business Expenses, Philippines                                                        220,000 Business Expense, Canada                                                              150,000 The total gross income of Ryllie is

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Rylie fhad the following income and expenses for the year: ( he is from Philippines)

Compensation Income, Philippines (gross of CWT of P10,000)         1,200,000

Business Income, Philippines                                                              350,000

Business Income, Canada                                                                   200,000

Vacant lot inherited from her mother                                               500,000

Cash dividend from Le Corp, a domestic corporation                      400,000

Share in the net income of a business partnership                            50,000

Share in the net income of an exempt joint venture                        100,000

Winnings in Lotto, Philippines                                                         1,540,000

Business Expenses, Philippines                                                        220,000

Business Expense, Canada                                                              150,000

The total gross income of Ryllie is

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