1. You are considering hiring another employee. The market rate for the employee is a $35,000 salary. How much would the company have to pay after-tax for this salary? Assume a corporate tax rate of 21% and Ignore payroll taxes.

   		$27,650
   		$42,350
   		$7,350
   		$35,000

QUESTION 6

1. Robert's new job will provide group-term life insurance of $125,000. Robert is 52 years old. What amount of income will Robert have to report related to this insurance policy? Assume a Jan 1 start date.

   		$0
   		$81
   		$17.25
   		$207