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JDD Corporation provides the following benefits to its employee, Ahmed (age 47): Salary Health insurance Dental insurance Life insurance Dependent care Professional dues Personal
JDD Corporation provides the following benefits to its employee, Ahmed (age 47): Salary Health insurance Dental insurance Life insurance Dependent care Professional dues Personal use of company jet $ 311,000 13,600 2,400 3,600 4,500 960 233,000 The life insurance is a group-term life insurance policy that provides $225,000 of coverage for Ahmed. Assuming Ahmed is subject to a marginal tax rate of 32 percent, what is his after-tax benefit of receiving each of these benefits? (Use EXHIBIT 12.8) (Enter all amounts as positive values. Round your intermediate computations and final answers to the nearest whole dollar.) Answer is complete but not entirely correct. Description Taxable benefits Salary Personal use of company jet Life insurance (taxable portion) Amount $ 311.000 233.000 483 < Prev 4 of 13 Next > M Personal use of company je 233.000 Life insurance (laxatile portie) Tavable bla Marginal tax als home tax stetett After day dement of lavable thems Nomanable demerits 32 $174 235 $171248 Heath surance BUD Dental msurance 2.400 Lite suance (tomlara polism) 2730 Dependent cane 4500 Phoenismal dues Nontazatie dola 26249 After law der satany and $396.497 Demerits
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