Tom lewis, a single taxpayer, received a $3,200 state tax refund in year 5 for prior-year overpayments. tom's state withholding for year 4 was $3,500. tom's year 4 taxable income was $35,000. tom did not itemize deductions and instead took his standard deduction for year 4. how much should tom include in gross income for year 5 as a result of the state tax refund?

the answer is b hope you pass

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

b is the correct answer