In the current year, Jill, age 35, received a job offer with two alternative compensation packages to choose from. The first package offers her a $93,400 annual salary with no qualified fringe benefits and requires her to pay $5,200 a year for parking and to purchase life insurance at a cost of $2,700. The second package offers an $81,700 annual salary, employer-provided health insurance, annual free parking (worth $490 per month), $200,000 of life insurance (purchasing on her own would have been $2,700 annually), and free flight benefits (she estimates that it will save her $6,700 per year). If Jill chooses the first package, she will purchase the health and life insurance benefits herself at a cost of $2,700 annually after taxes and spend another $6,700 in flights while traveling. Assume her marginal tax rate is 32 percent. (Use Exhibit 12-8.)

Required:

1. a2. How much would she benefit in after-tax dollars by choosing this compensation package instead of the alternative package?
2. b2. How much would she benefit in after-tax dollars by choosing this package?

Return to question 5 b2. How much would she benefit in after-tax dollars by choosing this package? Answer is not complete. Complete this question by entering your answers in the tabs below. 4 Regal Reg: Reqb2 How much would she benefit in after-tax dollars by choosing this package? (Round your intermediate computations to the nearest whole dollar amount.) Ahorax benefit