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Last year Lenny had an annual earned income of $58,475. He also had passive income of $1,255, and capital gains of $2,350. What was Lenny’s total gross income for the year? a. $58,475 b. $59,730 c. $60,985 d. $62,080 Please select the best answer from the choices provide

Respuesta :

JeanaShupp

Answer:  d. $62,080

Step-by-step explanation:

The capital gain is the profit earned from an investment whereas the passive income is the income generated by very minimal daily efforts.

Given: Annual income earned by Lenny = [tex]\$58,475[/tex]

Passive income =  [tex]\$1,255[/tex]

Capital gain =  [tex]\$2,350[/tex]

Now,  [tex]\text{Total gross income =Annual income+Passive income+Capital gain}[/tex]

[tex]=\$58,475+\$1,255+\$2,350=\$62,080[/tex]

Hence, Lenny's total gross income for the year = $62,080

ajplayz2017

Answer:

D. d. 62,080

Step-by-step explanation:

got it on right on Edge/E2020.

hope it helped

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