Noncash Compensation. For each of the following items,
indicate whether the individual taxpayer must include any amount in gross
income.
a. Employees of Easrside Bookstore are given their birthdays
off with pay.
b. Westside Hardware, Inc., gave each employee 10 shares of
Westside stock worth $100 per share in lieu of a cash bonus.
c. Employees of Northside Manufacturing were allowed to rake
home the company’s old computers when the company purchased new ones.
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