2019 James is employed by a large corporation with 400 employees. The corporation...
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Accounting
2019
James is employed by a large corporation with 400 employees. The corporation provides its employees with a no-cost gym membership at the local public YMCAs, The cost of the membership is $60/month which is completely paid for by James employer for all employees. How much, if any, must James include in his yearly gross income related to this fringe benefit? a $0. (b) $60. (c) $600 (d) $720. sw NM
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