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Francis works for a local fly fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis
Francis works for a local fly fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $307, was purchased for $218, was sold to Francis for $236, and the employer's average gross profit percentage is 30 percent. What amount of the discount must be included in Francis' income?
$0
$18
$39
Some Other Amount
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