Sheila age 70 is single and an officer of vista corporation, Accounting Basics

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Sheila age 70 is single and an officer of vista corporation

Problem

Sheila, age 70, is single and an officer of Vista corporation. Her only sources of income this year are $150,000 of wages, $10,000 in social security benefits, and $5,000 interest on U.S. bonds. What is Sheila's adjusted gross income for the current year?

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Accounting Basics: Sheila age 70 is single and an officer of vista corporation

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