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In 2017, City Water works deposited $26,500 into Key Executive's Section 457 deferred compensation plan. The deposit was made with the following stipulation: $10,000 is

In 2017, City Water works deposited $26,500 into Key Executive's Section 457 deferred compensation plan. The deposit was made with the following stipulation: $10,000 is not payable unless executive serves the full term of his five year contract. What is the result

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