Determine the gross income of the beneficiaries in the following cases:

a. Justin’s employer was downsizing and offered employees an amount equal to one year’s salary if the employee would voluntarily retire.

b. Trina contracted a disease and was unable to work for six months. Because of her dire circumstances, her employer paid her one-half of her regular salary while she was away from work.

c. Coral Corporation collected $1,000,000 on a key person life insurance policy when its chief executive died. The corporation had paid the premiums on the policy of $77,000, which were not deductible by the corporation.

d. Juan collected $40,000 on a life insurance policy when his husband, Leon died in 2021. The insurance policy was provided by Leon’s employer, and the premiums were excluded from Leon’s gross income as group term life insurance. In 2021, Juan also collected the $3,500 accrued salary owed to Leon at the time of his death.