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Aleena and lke are employed by HD, Incorporated, which provides its employees with free parking. If the parking were not avallable, Aleena would pay $29
Aleena and lke are employed by HD, Incorporated, which provides its employees with free parking. If the parking were not avallable, Aleena would pay $29 a month to a city garage. Ike uses public transportation to commute. HD offers a complete family medical plan to its employees in which both Aleena and lke participate. Aleena's family consists of five people, while Ike is single. Consequently. Aleena's annual cost of comparable medical insurance would be $11,900, and Ike's cost would be just $8,150. Assume that Aleena and Ike cannot deduct their annual medical insurance premlums. Required: a. Aleena has a 24 percent marginal tax rate. How much additional salary must Aleena earn to individually purchase and cover the cost of parking and medical insurance? b. Ike has a 37 percent marginal tax rate. How much additional salary must ike earn to individually purchase and cover the cost of parking and medical insurance? Complete this question by entering your answers in the tabs below. Aleena has a 24 percent marginal tax rate. How much additional salary must Aleena earn to individually purchase and cover the cost of parking and medical insurance? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount
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