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37) Julia suffered a severe stroke and has been admitted to a private hospital where she is expected to remain for the rest of her
37) Julia suffered a severe stroke and has been admitted to a private hospital where she is expected to remain for the rest of her life. She is certifled by a licensed health care practitioner as being a "chronically ill individual." Her hospital expenses amount to $350 per day. She will recelve $340 per day from a $500,0001 Iffe insurance policy as an accelerated death benefit. In 2022, she was in the hospital for 10 days and received $3,400. How much of this amount is taxable? A) $0 B) $3,400 C) $100 D) $500
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