Stacy purchased an annuity contract for $21000. She begins to receive $3000 per year in...

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Accounting

Stacy purchased an annuity contract for $21000. She begins to receive $3000 per year in 2017 for 21 years. What portion of the $3000 received is included in Stacey's gross and calm in the current year?

A) $0 B) $1000 C) $2000 D) $3000

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