FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Thomas had the following income:
Wages $175,000
Dividend income $20,000
Interest income $5,000
Royalty income $7,000
Active partnership income $12,000
Active single member LLC income $5,000
What is his net investment income?
$224,000
$44.000
$32.000
$19.000
$37.000
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Transcribed Image Text:Thomas had the following income: Wages $175,000 Dividend income $20,000 Interest income $5,000 Royalty income $7,000 Active partnership income $12,000 Active single member LLC income $5,000 What is his net investment income? $224,000 $44.000 $32.000 $19.000 $37.000
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