If Jack has an average 20% tax rate and gets an annual total compensation of $55,000, of which $50,000 is in cash, and $5000 is for health and retirement benefits, what is Jack's net after-tax total compensation? (1.5 points) $44,000 $45,000 $54,000 $55,000 Assume it costs the employer $6500 to purchase the same health insurance coverage. As long as the reduced salary is between $??-$??, both the employer and employee are better off. (1.5 points) $6500-$10,000 $4900-$6500 $6500-$9100 !! none of the above is correct