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LaMont works fora company in downtown Chicago. The company encourages employees to use public transportation (to save the environment) by providing them with transit passes
LaMont works fora company in downtown Chicago. The company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $285 per month.
If LaMont receives one pass (worth $285) each month, how much of this benefit must he include in his gross income each year?
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