A person earned a salary of $70,000 last year. Additionally, he had $1,000 in interest income and $2,000 in dividend income. What is his total income for this year?

To determine the total income for the year, you need to add all sources of income together. In this case, the person earned a salary of $70,000, which serves as his primary source of income. Additionally, he earned $1,000 in interest income and $2,000 in dividend income.

The total income calculation would be:

Total Income = Salary + Interest Income + Dividend Income

Total Income = $70,000 + $1,000 + $2,000

Total Income = $70,000 + $3,000

Total Income = $73,000

Thus, the total income for this year is indeed $73,000. This includes all forms of earnings, reflecting both the primary salary and additional income from interest and dividends, leading to the correct answer.