Joanna received 76500 compensation from her employer value, Accounting Basics

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Joanna received 76500 compensation from her employer value

Problem

Joanna received $76,500 compensation from her employer, the value of her stock in ABC company appreciated by $13,000 during the year (but she did not sell any of the stock), she received $42,200 of life insurance proceeds from the death of her husband. What is the amount of Joanna's gross income from these items?

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Accounting Basics: Joanna received 76500 compensation from her employer value

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