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Business, 20.01.2020 18:31 victoria1831

Given the following information, determine whether illegal income is likely, if so, determine the amounts of unknown income.

year 1 year 2 year 3

home 220,000 220,000 220,000

car 25,000 25,000 50,000

investments 40,000 50,000 65,000

bank account 3,000 7,000 10,000

total assets 288,000 302,000 345,000

home loan 200,000 150,000 100,000

auto loan 20,000 0 0

student loan 60,000 20,000 0

total liabilities 280,000 170,000 100,000

salary 95,000 105,000

investments 4,000 5,000

inheritance 6,000 0

total income 105,000 110,000

homeloan 13,200 13,200

auto loan 9,600 9,600

other living 20,000 22,000

wedding 4,000 0

total expenses 46,800 44,800

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Answers: 2

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