Assuming that gray is 52 years old determine the monthly, Taxation

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Assuming that gray is 52 years old determine the monthly

Gray's employer is now offering group-term life insurance. The company will provide each employee with $100,000 of group-term life insurance. It costs Gray's employer $300 to provide this amount of insurance to Gray each year. Assuming that Gray is 52 years old, determine the monthly premium that Gray must include in gross income as a result of receiving the group-term life benefit.

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Taxation: Assuming that gray is 52 years old determine the monthly

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