Tim is the vice president of western operations for Maroon Oil Company and is stationed in San Francisco. He is required to live

in an employer$-$owned home, which is three blocks from his company office. The company$-$provided home is equipped with

high$-$speed internet access and several telephone lines. Tim receives telephone calls and e$-$mails that require immediate

attention any time of day or night, as the company's business is spread all over the world. A full$-$time administrative assistant

resides in the house to assist Tim with urgent business matters. Tim often uses the home for entertaining customers, suppliers,

and employees. The fair market value of comparable housing is $$9,000$ per month. Tim is also provided with free parking at his

company's office. The value of the parking is $$385$ per month.