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Please do step by step calculation IT IS POSTED ON SLATE HOWEVER ITS WRONG PLEASE POST CORRECT ANSWER M is employed in the soft drink
Please do step by step calculation
IT IS POSTED ON SLATE HOWEVER ITS WRONG PLEASE POST CORRECT ANSWER
M is employed in the soft drink industry. In addition to his salary, he enjoyed the following benefits paid for by his employer in the current year: Contribution to company pension plan $14,000; Premium of $420 paid for group term life insurance coverage of $100,000; Annual public transport bus pass $500. What amount, with respect to the benefits, is included in Ms employment income for tax purposes? $.......
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