TP is happy to be working for a company that believes in the physical health of its employees. The company built a gym in the building that is free for the company employees, spouses and dependents to use any time they would like. The employer contracts with an athletic company to manage and run the gym. Use of the gym is only available to the company's employees and family. TP, her spouse and her 15 year old son frequently use the gym because they live close to the building. If TP were to join a gym down the street with the same equipment, it would cost each individual $1,000 a year to join. How much income must TP recognize