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Jarve loves to bike. In fact, he has always tumed down better-paying jobs to work in bicycle shops where he gets an employee discount. At Jarvie's current shop. Bad Dog Cycles, each employee is allowed to purchase four bicycles a year at a discount. Bad Dog has an average gross profit percentage on bicycles of 25 percent. During the current year, Jarvie bought the following bikes: Required: a. What amount is Jarvie required to include in taxable income from these purchases? b. What amount of deductions is Bad Dog allowed to claim from these transactions? Complete this question by entering your answers in the tabs below. What amount is Jarvie required to indude in taxable income from these purchases? Alicia has been working for JMM Corporated for 34 years. Alicia participates in JMM's defined benefit plan. Under the plan, for every ear of service for JMM, she is to receive 2 percent of the average salary of her three highest consecutive calendar years of compensation from JMM. She retired on January 1, 2022. Before retirement, her annual salary was $574,000, $606,000, and 5638,000 for 2019,2020 , and 2021. What is the maximum benefit Alicia can receive in 2022