Debbie Berger's salary is $60,000, and she is covered by her employer's noncontributory, nondiscriminatory group term life insurance policy in the amount of $90,000. Identify the correct statement regarding the consequences of this coverage. A) Debbie is taxed only on the cost of coverage in excess of $50,000. In this case, the cost of $40,000 coverage is subject to tax. B) Debbie is taxed on an additional $40,000 of income due to this coverage. C) There is no income tax consequence to Debbie since the coverage is both noncontributory and nondiscriminatory. D) Debbie is taxed only on the cost of coverage in excess of one times her salary. In this case the cost of $30,000 coverage is subject to tax