Debbie Berger's salary is $60,000, and she is covered by her employer's noncontributory, nondiscriminatory group term life insurance policy in the amount of $90,000. Identify the correct statement regarding the consequences of this coverage. A) Debbie is taxed only on the cost of coverage in excess of $50,000. In this case, the cost of $40,000 coverage is subject to tax. B) Debbie is taxed only on the cost of coverage in excess of one times her salary. In this case the cost of $30,000 coverage is subject to tax. C) There is no income tax consequence to Debbie since the coverage is both noncontributory and nondiscriminatory. D) Debbie is taxed on an additional $40,000 of income due to this coverage