Daisy is the manager of a motel. The employer gives Daisy the option of cash of $800 per month or rent-free housing. Daisy elects the rent-free housing and considers this a fringe benefit, since she would otherwise be required to pay $750 per month rent. The room that Daisy occupied normally rented for $50 per night, or $1,500 per month. On the average, 90% of the motel rooms were occupied. As a result of this rent-free use of a room, what Daisy is required to include in gross income: