Problem 2.5 Comparing Taxes for Employee Benefits [LO2-4] Which of the following employee benefits has the greater value? (Assume a 33 percent tax rate) a. A nontaxable pension contribution of $6,900 or the use of a company car with a taxable value of $10,400 b. A life insurance policy with a taxable value of $530 or a nontaxable increase in health insurance coverage valued at $340 Complete this question by entering your onswers in the tabs below. A nontaxable pension contribution of $6,900 or the use of a company car with a taxable value of $10,400