Answer:
Gross income= $66,300
Step-by-step explanation:
Giving the following information:
Yearly salary= $65,000
Bonus= 2% of the salary
To calculate the gross income, first, we need to determine the monetary value of the bonus:
Bonus ($)= 65,000*0.02
Bonus ($)= $1,300
Now, the gross income:
Gross income= 65,000 + 1,300
Gross income= $66,300
