Comprehensive Problem 5-74 (LO 5-1, LO 5-2, LO 5-30 Charlie was hired by Ajax this year as a corporate executive and a member of the board of directors. During the current year, Charlie received the following payments or benefits paid on his behalf. Salary payments $112,500 Contributions to qualified pension plan 12,300 Qualified health insurance premiums 11.550 Year-end bonus 18,500 17,900 Annual director's fee 1,180 Group-term life insurance premiums (face $40,000) 1,940 Whole life insurance premiums (face $100,000) 4,690 Disability insurance premiums (no special elections) a. Charlie uses the cash method and calendar year for tax purposes. Calculate Charlie's gross income for the current year. ross income