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What is amount of interest income to be included in income

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Reference no: EM132017717

Question - Betty Brewster received the following interest:

• Luggage gift for purchasing a four-year certificate of deposit (fair market value): $50

• Interest on passbook savings account: $15

• Interest on certificate of deposit: $200

• Dividends on share account savings in credit union: $150

• Interest on State of Mississippi bonds issued to finance state highway construction: $300

What is the amount of interest income to be included in income?

Reference no: EM132017717

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