Albie Operates an Illegal Drug-Running Business and Has the Following

question 84

Essay

Albie operates an illegal drug-running business and has the following items of income and expense. What is Albie's adjusted gross income from this operation? $\begin{array}{lr}\text { Income }&\$800,000\\\text { Expenses: }\\\text { Rent } & 24,000 \\\text { Utilities } & 9,000 \\\text { Bribes to police } & 55,000 \\\text { Medical expense } & 5,000 \\\text { Legal fees } & 25,000 \\\text { Depreciation } & 30,000 \\\text { Illegal kickbacks } & 30,000 \\\text { Cost of goods sold } & 300,000\end{array}$

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Definitions:

Empathy

An emotional understanding and sharing of another person's feelings, allowing one to respond with an appropriate emotional reaction.

Basic Needs

Fundamental requirements necessary for individuals to survive and maintain health, such as food, water, shelter, and safety.

Neglect

Failure to provide adequate care or attention, often resulting in harm or risk of harm.

Goodness Of Fit

A concept referring to how well an individual's temperament matches with their environment, impacting their psychological development and well-being.