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Calculation of Form W-2, Box 1 Jan (single, age 53 ) is an employee of Lafayette, Inc. In the current year, Jan earns a salary of $74,500 and receives the following fringe benefits: - Health insurance total annual premium =$5,200. Jan pays $500 through withholding: Lafayettel Inci pays $4,700 - Group term iffe insurance; coverage =$75,000 (all premiums paid by Lafayette, Inc.) - Annual membership dues to a country club =$4,800 (dues paid by Lafayette, Inc.) - Traditional) 401(k) plan: Jan contributes 10% of her annual salary; Lafayette, Inc. matches employee contributions dollar-for-dollar up to 5% of annuat salary Calculate Jan's taxable compensation (Box 1 of Form W2) for the tax year, Enter your answer using the following format $x,XX(1.e,$13,552). Fili in the blank Calculation of Form W-2, Box 1 Jan (single, age 53 ) is an employee of Lafayette, Inc. In the current year, Jan earns a salary of $74,500 and receives the following fringe benefits: - Health insurance total annual premium =$5,200. Jan pays $500 through withholding: Lafayettel Inci pays $4,700 - Group term iffe insurance; coverage =$75,000 (all premiums paid by Lafayette, Inc.) - Annual membership dues to a country club =$4,800 (dues paid by Lafayette, Inc.) - Traditional) 401(k) plan: Jan contributes 10% of her annual salary; Lafayette, Inc. matches employee contributions dollar-for-dollar up to 5% of annuat salary Calculate Jan's taxable compensation (Box 1 of Form W2) for the tax year, Enter your answer using the following format $x,XX(1.e,$13,552). Fili in the blank

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