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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 $305 per month. If LaMont receives one pass (worth $305 ) each month, how much of this benefit must he include in his gross income each year? Alicia has been working for JMM Corporation for 32 years. Alicia participates in JMM's defined benefit plan. Under the pian, for every year of service for JMM, she is to receive 2 percent of the average salary of her three highest consecutive calendar years of compensation from JMM. She retired on January 1, 2023. Before retirement, her annual salary was $570.000,$600,000, and $630,000 for 2020, 2021, and 2022. What is the maximum benefit Alicia can receive in 2023 ? Note: Round your final answer to nearest whole dollar amount

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