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4-Rick, who is single, has been offered a position as a city landscape consultant. The position...

4-Rick, who is single, has been offered a position as a city landscape consultant. The position pays $130,000 in cash wages. Assume Rick files single. Rick claims the standard deduction instead of itemized deductions. What is the amount of Rick’s after-tax compensation (ignore payroll taxes)?

5-Rick, who is single, has been offered a position as a city landscape consultant. The position pays $125,000 in cash compensation and nontaxable (excluded) benefits worth $5,000. Assume Rick files single. Rick claims the standard deduction instead of itemized deductions. What is the amount of Rick’s after-tax compensation (ignore payroll taxes)?

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