For each of the scenarios, identify the type of income earned based on the categories of income approach.
a. Anita House bought a duplex to earn additional income
rental income
For each of the scenarios, identify the type of income earned based on the categories of income approach.
b. Mos Quito works as an exterminator for Bugs B Dead, Inc.
compensation of employees
For each of the scenarios, identify the type of income earned based on the categories of income approach.
c. Exterminators Plus is an owner‑operated business.
proprietor's income
For each of the scenarios, identify the type of income earned based on the categories of income approach.
e. Noah Count, Inc., recently paid out dividends to stockholders
corporate profits
For each of the scenarios, identify the type of income earned based on the categories of income approach.
f. Bugs B Dead, Inc., pays its mortgage promptly every month.