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Merle Is a Widow, Age 80 and Blind, Who Is

question 106

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Merle is a widow, age 80 and blind, who is claimed as a dependent by her son. During 2014, she received $4,800 in Social Security benefits, $2,500 in bank interest, and $1,800 in cash dividends from stocks. Merle's taxable income is:


Definitions:

Energy Flow

The passage of energy through the components of an ecosystem, from the sun through producers to consumers and then to decomposers.

Cyclical

Describes a process that occurs in a repeated sequence or in cycles.

Carbon-Rich Remains

Organic material that has a high carbon content, often found in fossils or peat, resulting from the decomposition of living organisms.

Natural Gas

A fossil fuel consisting primarily of methane, used as an energy source for heating, cooking, and electricity generation.

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