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2. Claire Razon works for Lebrun Ind. in Nunavut and has a company-leased automobile for her use during the year. Given the following information, calculate
2. Claire Razon works for Lebrun Ind. in Nunavut and has a company-leased automobile for her use during the year. Given the following information, calculate her annual taxable benefit. Claire has asked the company to use the optional method of calculating her operating cost benefit. 5 marks
Monthly cost of the automobile $429.40
GST 5% $21.47
Days available 365 days
Business kilometers driven 15,064
Personal kilometers driven 18,646
Employee reimbursement $0.00
PLEASE ANSWER WITH DICRIPTON.
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