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Jay, a 57 -year-old employee, is provided with a $250,000 group term life insurance policy. For this coverage, Jay contributes $0.20 per $1,000 of coverage

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Jay, a 57 -year-old employee, is provided with a $250,000 group term life insurance policy. For this coverage, Jay contributes $0.20 per $1,000 of coverage per month. What amount is included in Jay's annual W2 income if the Table 1 rate is $0.43 per $1,000 of coverage per month? A. \$36 B. $250 C. $432 D. $552 E. $690

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