An employer provides all of his employees with life insurance protection equal to twice the employee's annual salary. Melba, age 42, has an annual salary of $70,000. Is Melba required to recognize income even though she is still alive at the end of the year and thus nothing has been collected on the life insurance policy?

If the coverage exceeds $ X , the employee must include in gross income the (deemed premiums paid, actual preemiums paid) on the protection above this amount. Therefore, Melba includes $ X

I need help finding the Xs. please show hjow you got your answer and Thank you!