! Required information [The following information applies to the questions displayed below.] LaMont works for...
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! Required information [The following information applies to the questions displayed below.] LaMont works for a company in downtown Chicago. The company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $290 per month. a. If LaMont receives one pass (worth $290) each month, how much of this benefit must he include in his gross income each year? Transit pass benefit to be included in gross in
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