Beth received the following amounts during the year.

Salary

$30,000

Interest on savings account

900

Gift from her aunt

10,000

Prize won in state lottery

1,000

Alimony from ex husband

12,000

Child support from ex husband

6,000

Damages for injury in auto accident

25,000

Ten $50 bills in an unmarked envelope found in an airport

 

lounge (airport authorities could not locate anyone

 

who claimed ownership)

500

Federal income tax refund for last year’s tax overpayment

120

Increase in the value of stock held for investment

5,000