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Which of the following items will result in an increase in gross income?
a) receipt of a $10,000 check from the bank. The check is for a student loan.
b) receiving a $10,000 award from a university for a high grades and high SAT scores. The award is used to pay tuition.
c) preparing a mechanic's tax return in exchange for the mechanic repalcing the muffler on your car.
d) none of the above
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