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?
Definitions:
British Pound
The currency of the United Kingdom, also known formally as the pound sterling, used throughout the UK and its territories.
U.S. Dollar
The currency of the United States, widely used worldwide as a standard for financial transactions.
Merchandise Valued
The total worth of goods held by a company for the purpose of resale.
British Pound
The currency of the United Kingdom, represented by the symbol £ and widely used in Britain and its territories.
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