Ray is a pianist who performs at the Club-Med vacation resort. Ray receives free living quarters at the resort worth $12000 per year, a $30000 annual salary plus free meals served at the resort's restaurants worth another $6000 per year. Club-Med also pays Ray's health insurance premiums of $12000 per year under their employer-sponsored health plan. Ray's annual gross income from Club-Med is: A) $60000 B) $48000 C) $42000 D) $30000