10. Gordon, an employee, is provided group term life insurance coverage equal to twice his annual salary of $ 125,000 per year. According to the IRS Uniform Premium Table (based on Gordon's age), the amount is $12 per year for $1,000 of protection. The cost of an individual policy would be $ 15 per year for $1,000 of protection. Since Gordon paid nothing towards the cost of the $ 250,000 protection, he must include In his 2020 gross income which of the following amounts? a. $1,350 b. $2,400 c. $3,000 d. $3,750 e. None of these. 11. On January 1, 2020, Faye gave Todd, her son, a 36-month certificate of deposit she had purchased on December 31, 2018, for $ 8, 638. The certificate had a maturity value of $ 10,000 and the yield to maturity was 5%. On November 30, 2020, ABC, Inc., had declared a dividend of $ 1.00 payable to stockholders of record on December 5th. How much interest and dividends should Todd include in his gross income for 2020? 12. Ron, age 19, is a full-time graduate student at City University. During 2021, he received the following payments: Cash award for being the outstanding resident adviser $ 1,500 Resident adviser housing 2,500 State scholarship for ten months (tuition and books) 6,000 State scholarship (meals allowance) 2,400 Loan from college financial aid office 3,000 Cash support from parents 2,000 $ 17,400 Ron served as a resident adviser in a dormitory and, therefore, the university waived the $ 2,500 charge for the room he occupied. What Is Ron's adjusted gross income for 2021? a. $1,500. b. $3,900. c. $ 9,000. d. $ 15,400. e. None of these