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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
44.  LO.3 Liz and Doug were divorced on December 31 of the current year after 10 years of marriage. Their current year’s income received before the   divorce
was as follows:
Â
|
Doug’s salary |
$41,000 |
|
Liz’s salary |
55,000 |
|
Rent on apartments purchased by Liz 15 years ago |
8,000 |
|
Dividends on stock Doug inherited from his mother 4 years ago |
1,900 |
|
Interest on a savings account in Liz’s name funded with her salary |
2,400 |
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45.
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Allocate the income to Liz and Doug assuming that they live in:
a.     California.
b.    Texas.
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------