Kenny is a CPA, and his employer pays $120 for his CPA license renewal, $60...

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Accounting

Kenny is a CPA, and his employer pays $120 for his CPA license renewal, $60 for his membership dues to the American Institute of
Certified Public Accountants, and $6,530 in continuing professional education expenses. These reimbursements are only offered to
highly compensated officers in the company. Calculate the amount of taxable income Kenny must include from these fringe benefits.
$1,280
$180
$0
$6,710
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