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What is Flora and Earl's investment income




Flora and Earl (file jointly) received the following investment income in the current year;Qualified dividends on Cargill stock $4,000;United States Treasury bonds $ 250;Interest on State of Oregon bonds $ 200;Interest on Federal tax refund $ 150;Interest on loan to Earl's niece 75;The loan to Earl's niece was at a market interest rate. Flora and Earl also received a $100 check for opening up a new brokerage account to buy the Cargill stock. What is Flora and Earl's investment income?


Paper#23590 | Written in 18-Jul-2015

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