Sabina recently was sickened by eating spoiled peanut butter. She successfully sued the manufacturer for...
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Accounting
Sabina recently was sickened by eating spoiled peanut butter. She successfully sued the manufacturer for her medical bills ($3,790), her emotional distress ($8,450she now fears peanut butter), and punitive damages ($49,000). What amount must Sabina include in her gross income? Multiple Choice $52,790 $49,000 $57,450 $0none of these benefits are included in gross income. $12,240
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