Question

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?

Answer 1

gross income amount = $51,900

Step-by-step 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