LaMont works for a company in downtown Chicago. The company encourages employees to use public transportation fro save the environment by providing them wth tranclt passes at a cost of $296 per month. Required: a. If LaMont recelves one pass (worth $296 ) each month, how much of this benefit must he include in his gross income each year? b. If the company provdes each employee wrth $296 per month in parking benefits, how much of the parking benefit must LaMont. include in his gross income each year? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If LaMont receives one pass (worth $296 ) each month, how much of this benefit must he indude in his gross income each year? LaMont works for a company in downtown Chicago. The company encourages employees to use public transportation fo save the envionmen by providing them with transit passes at a cost of $296 per month. Required: a. If LaMont recelves one pass (worth $296 ) each month, how much of this benefit must he include in his gross income each year? b. If the company provdes each employee with $296 per month in parking benefits, how much of the parking benefit must LaMont Include in his gross income each year? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If the company provides each employee with $296 per month in parking benefits, how much of the parking benefit must LaMont include in his gross income each year