Mike contracted with kram company, mike's controlled corporation. mike was a medical doctor and the contract provided that he would work exclusively for the corporation. no other doctor worked for the corporation. the corporation contracted to perform an operation for rosa for $8,000. the corporation paid mike $6,500 to perform the operation under the terms of his employment contract. a. mike's gross income is $6,500.b. mike must recognize the $8,000 gross income because he provided the service. c. mike must recognize $8,000 gross income since the patient obviously wanted him to perform the operation. d. the kram company corporation's gross income is $1,500.e. none of these.

a. Mike's gross income is $6,500

Explanation:

Since Mike contracted with Kram company as was a medical doctor. His duty is to perform an operation for Rosa for which the corporation has paid him $6,500 to perform the operation

So, in the given case, the gross income is $6,500 as he actually received this amount for service rendered by him, not the $8,000 contracted by the corporation

The amount which is to be received should come under the gross income

the answer is d

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odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.