Lee's Cycle Shop offers its employees a group disability plan. The plan provides periodic benefits that compensate
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Question:
Lee's Cycle Shop offers its employees a group disability plan. The plan provides periodic benefits that compensate for lost employment income. Sasha Quinn is an employee who was hospitalized for four week in 2017. What amount will Sasha Quinn include in her employment income? (show all calculations)
Details related to the plan are below:
Total Benefits Received in Year: $ 4,492
Cumulative Contributions to Plan by Employer: $1,000
Cumulative Contributions to Plan by Employee: $ 1,165
Posted Date: