Question: Norbert works in a beauty salon. He receives a 50% employee discount for salon services. In 2017, he used his discount to buy $1,000 of

Norbert works in a beauty salon. He receives a 50% employee discount for salon services. In 2017, he used his discount to buy $1,000 of services with a fair market value of $2,000. As a result of these bargain purchases, how much should Norbert include in 2017 gross income?

a. $1,000

b. $600

c. $2,000

d. $0

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