During 2016, Ash had the following cash receipts: Wages $15,000 Interest income from U.S. Treasury bonds 350 Workers' compensation following a job-related injury 8,500 What is the total amount that must be included in gross income on Ash's 2016 income tax return?

a. $15,000
b. $23,500
c. $23,850
d. $15,350

Ans: d. $15,350

Business

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Indicate whether the statement is true or false

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