Justice Corporation has four employees and provides group term life insurance coverage for all four employees. Coverage is nondiscriminatory and is as follows: (Click the icon to view the Uniform One-Month Group Term Premiums for $1,000 of Life Insurance Coverage.) (Click the icon to view the data.) Read the requirements. Requirement a. How much may Justice Corporation deduct for group term life insurance premiums? The amount Justice Corporation can deduct for group term life insurance premiums is Requirement b. How much income must be reported by each employee? (Enter a "0" if no income needs to be reported. Do not round intermediary calculations. Only round the amount you input in the cell to the nearest cent.) Employee Income to be reported Aidan Ben Carol Dina Employee's age Premiums Under 25 $0.05 25 to 29 .06 30 to 34 .08 35 to 39 .09 40 to 44 .10 45 to 49 .15 50 to 54 .23 55 to 59 .43 60 to 64 .66 65 to 69 1.27 70 and above 2.06 Employee Age Key Employee Coverage Actual Premiums Aidan 68 yes $ 230,000 $ 3,700 Ben 56 yes 42,000 800 Carol 37 no 85,000 900 Dina 31 no 42,000 450