Korey3171 Korey3171 19-12-2022 Business contestada godfrey is age 77. he paid $240,000 for a single life annuity contract that will pay him $28,800 per year for life. the taxable amount of the first $28,800 payment is Multiple Choice o $21,429, o $17,479. o $8,965. o $7,371.