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QUESTION 4 Rick, who is single, has been offered a position as a city landscape consultant. The position pays $120,000 in cash wages. Assume Rick

QUESTION 4

  1. Rick, who is single, has been offered a position as a city landscape consultant. The position pays $120,000 in cash wages. Assume Rick files single. Rick claims the standard deduction instead of itemized deductions. What is the amount of Ricks after-tax compensation (ignore payroll taxes)?

QUESTION 5

  1. Rick, who is single, has been offered a position as a city landscape consultant. The position pays $115,000 in cash compensation and nontaxable (excluded) benefits worth $5,000. Assume Rick files single. Rick claims the standard deduction instead of itemized deductions. What is the amou

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