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Q. Michael is an employee of Stay Here Hotels, Inc., in Washington, DC. On his vacation, Michael travels to San Francisco and stays at a Stay Here Hotel for 6 nights free of charge. The regular rate for a hotel room at Stay Here in San Francisco is $300 a night. His ability to stay in the hotel without charge is based on the availability of empty rooms. Explain how much income must Michael report due to the use of the San Francisco hotel room?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9352734

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