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.

1. 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