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December 2024: a. Jane must report $1,800 gross income. b. Tim...

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Accounting

December 2024:
a. Jane must report $1,800 gross income.
b. Tim must include all of the interest in his gross income.
c. Jane reports $450 of interest income, and Tim reports $1,350 of interest income.
d. Jane reports $1,350 of interest income, and Tim reports $450 of interest income.
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