Mrs. Eller's corporate employer has a cafeteria plan under whichits employees can receive a $3,000 year-end Christmas bonus orenroll in a qualified medical reimbursement plan that pays up to$3,000 of annual medical bills. Mrs. Eller is in a 24 percent taxbracket, and her medical bills average $2,300 each year.
Required:
Mrs. Eller's corporate employer has a cafeteria plan under which its employees can receive a $3,000 year-end Christmas b
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