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Valentino is a patient in a nursing home for 50 days of 2016. While in the nursing home, he incurs total costs of $20, 400.

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Valentino is a patient in a nursing home for 50 days of 2016. While in the nursing home, he incurs total costs of $20, 400. Medicare pays $12, 240 of the costs. Valentino receives $22.440 from his long-term care insurance policy, which pays while he is in the facility. Assume that the daily federal statutory amount for Valentino is $340. Valentino may exclude $ _________ of the $22, 440 from his gross income

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