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On January 1, 2022, Ms. Graff receives a 162781 loan from her employer to assist her in purchasing a home. The loan requires annual interest

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On January 1, 2022, Ms. Graff receives a 162781 loan from her employer to assist her in purchasing a home. The loan requires annual interest at a rste of 0.3 percent. Ms. Graf pays the interest owed on the loan on December 31, 2022. During 2022. assume that the prescribed rates are 1 percent during the first quarter, 2 percent during the second quarter, and 3 percent during the third and fourth quarters. Calculate the imputed interest benefit on the loan that Ms. Graf must include in her employment income for 2022

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