Clark a 12-year-old child lives with his parents during the, Accounting Basics

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Clark a 12-year-old child lives with his parents during the

Clark, a 12-year-old child, lives with his parents. During the current year, Clark earned $2,400 delivering newspapers. This was his only income. Clark's parents file a joint return and claim Clark as a dependent. Considering this information, which of the following statements is correct?

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Accounting Basics: Clark a 12-year-old child lives with his parents during the

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