LO 4-4 Shiloh is a sales representative for American Silk Mills who has a company car to

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LO 4-4 Shiloh is a sales representative for American Silk Mills who has a company car to visit customer sites. Shiloh drove 25,500 miles during 2023, of which 15 percent was reported as personal miles. Using the cents-per-mile rule, what is the valuation of this benefit for 2023?

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Payroll Accounting 2024

ISBN: 9781266832352

10th International Edition

Authors: Jeanette Landin, Paulette Schirmer

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