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Can I please get help? I would like to know what is the solution for life insurance for this problem? Return to que JDD Corporation

Can I please get help? I would like to know what is the solution for life insurance for this problem?

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Return to que JDD Corporation provides the following benefits to its employee, Ahmed (age 55) Salary $ 367, 000 Health insurance 14,300 Dental insurance 2, 400 Life insurance 4,800 Dependent care 4, 700 Professional dues 1, 220 Personal use of company jet 285, 000 The life insurance is a group-term life insurance policy that provides $269,000 of coverage for Ahmed. Assuming Ahmed is subject to a marginal tax rate of 32 percent, what is his after-tax benefit of receiving each of these benefits? (Use EXHIBIT 12-8.) (Enter all amounts as positive values. Round your intermediate computations and final answers to the nearest whole dollar.) x Answer is not complete. Description Amount Taxable benefits Salary $ 367,000 Personal use of company jet 285,000 Life insurance (taxable portion) 270 X

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