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Anne purchased an annuity from an insurance company that promised to pay her $22,000 per...

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Anne purchased an annuity from an insurance company that promised to pay her $22,000 per year for the next 10 years. Anne paid $163,900 for the annuity, and in exchange she will receive $220,000 over the term of the annuity. Problem 5-51 Part-a a. How much of the first $22.000 payment should Anne include in gross income? (Do not round intermediate calculations.) Amount to be included

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