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Frank received the following benefits from his employer this year (FY 2022). What amount must Frank include in his gross income? Salary $58,000 Medical and
Frank received the following benefits from his employer this year (FY 2022). What amount must Frank include in his gross income?
| Salary | $58,000 |
| Medical and dental insurance premiums | $3,200 |
| Dependent care expenses | $13,000 |
| Group-term life insurance ($29k coverage) | $1,200 |
A. $66,000
B. $58,000
C. $69,900
D. $60,500
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Financial Accounting For Non Specialists
Authors: Catherine Gowthorpe
2nd Edition
1844802051, 978-1844802050
