Last year Lenny had an annual earned income of $58,475. He also had passive income of $1,255, and capital gains of $2,350. What was Lenny’s total gross income for the year?
A. $58,475
B. $59,730
C. $60,985
D. $62,080
Total gross income = Passive income + Annual earned income + Capital gains
= $(1,255 + 58,475 + 2,350)
= $62,080
Answer: D. $62,080
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