21.In December 2021, Max, a cash-basis taxpayer, rents an apartment to Kadeem. Max receives both the first and last months' rent totaling $1,800 plus a security deposit of $400. The amount of income reported by Max as taxable in 2021 is

		$1,300.
		$1,800.
		$400.
		$2,200.

28.Richard's employer gave him a car valued at $20,000 as a reward for closing a big deal. How much of the car's value will be taxable to Richard?

		$18,400.
		$20,000.
		$19.600.
		$0

29.Rick chose the following fringe benefits under his employer's cafeteria plan. Which of his chosen benefits will be taxable?

		dental insurance
		group term life insurance coverage of $20,000
		medical insurance on his family
		$150 cash per pay period