4. A taxpayer, age 64, purchases an annuity from an insurance company for $82,000. She is to receive $683 per month for life. Her life expectancy is 20.8 years from the annuity starting date. Assuming that she receives $8,200 this year, what is the exclusion percentage and how much is include in her gross income? Round the exclusion percentage to two decimal places. Round the final answer for the income to the nearest dollar. Exclusion percentage: T Included in income: $ The Sage Company has the opportunity to purch to its office. Sage would use the building as a day care center as the opportunity to purchase a building located next children of its employees and an exercise facility for the employ Occasionally, portions of the building could any, portions of the building could be used for employees' family events such as reunions, birthday parties, and anniversaries. The company would like to know if the planned use ke to know if the planned uses of the building would fit into a beneficially taxed employee compensati cally taxed employee compensation plan. Complete the statement below regarding this potential employee fringe bene The planned use of the facility would result in income for the er because child day care services and exercise facilities provided to the employees are specifically from employees' gross income