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Required information The following information applies to the questions displayed below) LaMont works for a company in downtown Chicago. The company encourages employees to use

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Required information The following information applies to the questions displayed below) LaMont works for a company in downtown Chicago. The company encourages employees to use public transportation to save the environment) by providing them with transit passes at a cost of $280 per month o. If LaMont receives one pass (worth $280) each month, how much of this benefit must he include in his gross income each year? Transit pass benefit to be included us to come 53300

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