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Terry Francona is a 55-year old employee of Sawks, Inc. Sawks covers all employees under a group-term life insurance policy equal to their annual salary.

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Terry Francona is a 55-year old employee of Sawks, Inc. Sawks covers all employees under a group-term life insurance policy equal to their annual salary. Terry's annual salary is equal to $180,000. What amount, if any, must Terry include in his annual income

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