Question: Todd Redden is a supervisor at Pinebank Construction. He contributes $2,400 annually to a FSA and has medical insurance that has a $250 monthly premium.

Todd Redden is a supervisor at Pinebank Construction. He contributes $2,400 annually to a FSA and has medical insurance that has a $250 monthly premium. He earns a salary of $64,000 and is paid semimonthly. What is his taxable income per period?

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