Type the correct answer in the box. Spell all words correctly.

Complete the sentence with the correct word.

Mia likes to write books during her free time. At present three of her books have been published and sold around the world. The income

received from selling her books is an example of

Inclme

Earned income.

Explanation:

Earned income refers to the wages, salaries, bonuses, commissions, tips, and net earnings which are gotten from a job or self-employment. Any form of income whatsoever that is gotten from carrying out activities related to an enterprise or business, is considered earned income.

As can be seen in the scenario presented above, Mia is making money from writing, this is an example of earned income.