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Gilda Bach is a cash-basis self-employed consultant. For the year 2013, she determined that her net income from self-employment was $80,000. In reviewing her books you determine that the following items were included as business expenses in arriving at the net income of $80,000:
Based upon the above information, what should Gilda Bach report as her self-employment income for 2013? A. $105,000 B. $106,000 C. $ 91,000 D. $110,000 |