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30 November, 04:55

Lebron received $51,900 of compensation from his employer and he received $455 of interest from a municipal bond. What is the amount of Lebron's gross income from these items?

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  1. 30 November, 06:55
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    gross income amount = $51,900

    Explanation:

    given data

    received compensation = $51,900

    received interest from municipal bond = $455

    solution

    we get here amount of Lebron's gross income that is

    gross income amount = only received compensation here

    receive interest from municipal bond is not consider here for gross income

    so here gross income amount will be only here

    gross income amount = $51,900
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