(Answered) Compute pierre lappinrsquos adjusted gross income by

Economics

Compute Pierre Lappin’s adjusted gross income by entering the following information on Form 1040: $50,000 salary, $5,000 qualified dividend income, $3,000 interest income from corporate bonds, $2,000 interest income from municipal general revenue bonds, $4,000 in long-term capital gains, and $10,000 from a sole proprietorship. In addition, Pierre paid his ex-wife $4,000 for alimony and $3,000 for child support.

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