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Required information [The following information applies to the questions displayed below.] Nikki works for the Shine Company, a retailer of upscale jewelry. How much taxable

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Required information [The following information applies to the questions displayed below.] Nikki works for the Shine Company, a retailer of upscale jewelry. How much taxable income does Nikki recognize under the following scenarios? (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) b. Nikki receives a 28 percent discount on jewelry restoration services offered by Shine Company. This year, Nikki had Shine Company repair a set of antique earrings (normal repair cost $615; discounted price $442.80). Answer is complete but not entirely correct. Taxable income $ 123.98

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