A taxpayer received the following from his employer during the year: $25,000 regular wages, $5,000 cash bonus, trip valued at $1,000, and parking valued at $100 per month at a lot adjacent to the office building. His employer contributed $200 per month to a 401(k) plan for him. The taxpayer chose not to set aside any of his pay for the retirement plan. How much income should be report? A. $34,600 B. $33,400 C. $31,000 D. $32,200