Isabel,age 51 and Single,is an Electrical Engineer Employed by Regis

Isabel,age 51 and single,is an electrical engineer employed by Regis Corporation.Isabel's annual salary is $80,000.Regis Corporation's qualified pension plan matches employee's contributions to the plan up to 5% of the employee's annual salary.During the current year,Isabel contributes the $4,000 maximum to the plan,which is matched by Regis.Due to high cost of medical insurance,the corporation does not provide any medical insurance to its employees.Instead,it offers a flexible benefits plan that employees can use to pay for medical insurance,unreimbursed medical costs,and childcare costs.Isabel elects to have $2,500 paid into the plan.Isabel uses the plan to purchase medical insurance costing $2,200.Isabel spends an additional $150 from the plan on eyeglasses and dental costs.Regis Corporation also provides group-term life insurance at twice the employee's annual gross salary.The cost of Isabel's insurance was $600.Regis also provides engineers in Isabel's department with free parking in the company's parking garage.Non-employees pay $3,120 per year to park in the garage.Isabel's $250 dues to the Electrical Engineer's Association and her $1,560 health club membership are also paid by Regis.Compute Isabel's taxable compensation from Regis Corporation.