Doug and Pattie Received the Following Interest Income in the Current

question 25

Multiple Choice

Doug and Pattie received the following interest income in the current year: $\begin{array}{lr}\text { Savings account opened at Greenbacks Bank } & \$ 4,000 \\\text { U.S.Treasury bonds } & 250 \\\text { Interest on State of Iowa bonds } & 200 \\\text { Interest on Federal tax refund } & 150 \\\text { Interest on state income tax refund } & 75\end{array}$ Greenbacks Bank also gave Doug and Pattie a cellular phone (worth $100) for opening the savings account. What amount of interest income should they report on their joint income tax return?

• A) $4,775.
• B) $4,675.
• C) $4,575.
• D) $4,300.
• E) None of these.

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Definitions:

Crime

An offense against the public at large punishable by the official governing body of a nation or state.

Motive

refers to the reason behind an action or behavior, often driving or inspiring someone to act in a particular way.

DNA Evidence

Biological material used in legal contexts to associate a suspect with a crime scene, victim, or object, due to the unique genetic information it carries.

Fingerprint Evidence

Forensic proof typically used in legal proceedings that involves analyzing and matching fingerprints found at a crime scene to those of a suspect.