In 2011 Lily had the following income and losses:

In 2011 Lily had the following income and losses:


Salary $75,000
Prize from quiz show 25,000
Unemployment compensation 8,000
Embezzled funds 30,000
Partnership Income 35,000

What is Lily's adjusted gross income (not taxable income)?



A) $135,000
B) $143,000
C) $165,000
D) $173,000



Answer: D


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