Problem:
Bill Mason is considering two job offers. Job 1 pays a salary of $40,100 with $6,778 of nontaxable employee benefits. Job 2 pays a salary of $40,200 and $6,216 of nontaxable benefits. Use a 26 percent tax rate.
Calculate the monetary value for both the jobs. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Please explain in detail and show your work.
-Job 1
-Job 2