Lisa and Collin Are Married

question 28

Essay

Lisa and Collin are married.Lisa works as an engineer and earns a salary of $116,000.Collin works at a beauty salon and reported wages of $45,000.Lisa received $500 of interest from corporate bonds and $250 of interest from a municipal bond.Lisa acquired these bonds prior to her marriage to Collin.Collin's father passed away on April 14.He inherited cash of $50,000 and his baseball card collection,valued at $2,000.As beneficiary of his father's life insurance policy,Collin also received $150,000.The couple spent a weekend in Atlantic City in November and came home with gambling winnings of $1,200.Collin was injured in an accident at the salon.He was unable to work for a month,but during this time he received $5,000 from disability insurance he purchased several years ago.Collin also received $2,000 in workman's compensation,and $1,500 from the salon for the emotional trauma he suffered from the accident.Calculate Lisa and Collin's gross income for this year assuming they will file married joint.

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Definitions:

Earlier Work

Previous projects, research, or artistic productions done by a person or group before the current period or piece of work.

Leader's Power

The capacity of a leader to influence the behavior of others, obtain compliance, and achieve organizational goals.

Influencing Employees

The process of guiding or motivating employees to achieve organizational goals or adopt specific behaviors.

Scope

The extent of the area or subject matter that something deals with or to which it is relevant.