Question: Problem 5 - 4 1 ( Algorithmic ) ( LO . 2 ) Fran spent the last 9 5 days of 2 0 2 3

Problem 5-41(Algorithmic)(LO.2)
Fran spent the last 95 days of 2023 in a nursing home. The cost of the services provided to her was $30,875($325 per day). Medicare paid $8,400 toward the cost of her stay. Fran also received $14,360 of benefits under a long-term care insurance policy she purchased. Assume that the Federal daily excludible amount is $420.

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