Emily is a CPA and frequently works late during the busy season. As an incentive to stay late, her employer gives her a choice of either $20 from the petty cash fund so she can buy dinner on her way home, or stay until 8 pm and get free pizza in the office each day she works more than 10 hours. The $20 is excludible from Emilys taxable income because of which of the following:

It is a no additional cost fringe benefit

None of these will work to exclude the amount

Any of these will work to exclude the amount

It is a de minimus fringe benefit.

It is a working condition fringe benefit