Bernie Is a Former Executive Who Is Retired

question 151

Multiple Choice

Bernie is a former executive who is retired. This year Bernie received $250,000 in pension payments and $10,000 of Social Security payments. What amount must Bernie include in his gross income?

• A)$250,000
• B)$255,000
• C)$258,500
• D)$260,000
• E)$0

---

Definitions:

Trojan War

A significant conflict in Greek mythology that was fought between the city of Troy and the Greeks, sparked by the abduction of Queen Helen.

Sacrifices

The act of giving something up, destroying, or surrendering something valued for the sake of something considered as having a higher or more pressing claim, often seen in religious contexts but applicable in varied life situations.

Conception Of Ourselves

The understanding or perception individuals have of their own identities, characteristics, and existence.

Inside

Pertaining to the inner part or space of something; often used metaphorically to refer to inward feelings or insights.