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George Washburn had earnings from his salary of $52,000, interest on savings of $900, a contribution to a traditional individual retirement account (traditional IRA) of $810, and dividends from mutual funds of $280. George's adjusted gross income would be:

Respuesta :

Answer:

$52,370

Explanation:

Given that,

Earnings from Salary = $52,000

Interest on savings = $900

Contribution to a traditional individual retirement account = $810

Dividends from mutual funds = $280

Therefore,

George's adjusted gross income:

= Earnings from Salary + Interest on savings - Contribution to a traditional individual retirement account + Dividends from mutual funds

= $52,000 + $900 - $810 + $280

= $52,370

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