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Red, Inc provides group term life insurance to all of its employees. Susan, a vice-xesident,...

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Accounting

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Red, Inc provides group term life insurance to all of its employees. Susan, a vice-xesident, received $200,000 of coverage for the year. The Uniform Premums (based on Susan's age) are $15 per month for $1,000 o f protection. How much of this must Susan include in gross income this year? $0 $360.00 $270.00 $28000

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