3-5 Taxable Automobile Benefits is the policy of Caplan Ltd. to provide automobiles to four of its senior executives. The automobiles lay be used for both employment and personal purposes. When they are not being used by the nployees, company policy requires the automobiles to be returned to the company's premises. or 2023, the details regarding the use of these automobiles are as follows: Ms. Barbara Caplan Barbara is provided with a BMW 300 Series, which the company leases for $650 per month. This amount includes $110 per month for insurance. She drives a total of 5,000 kilometres of which 21,000 are for employment purposes and 36,000 for personal use. Operating expenses, all of which were paid by the company, totalled $11,300. Because of her extensive personal use of the automobile, Barbara pays the company $200 per month. The automobile is available to her for 12 months during the current year. Mr. Sheldon Caplan Sheldon is provided with a Lexus GS, which the company leases for $1,100 per month. The lease payment does not include insurance coverage. During the current year, Sheldon drives the automobile a total of 34,300 kilometres, of which 32,600 are for employment purposes and 1,700 for personal use. The operating expenses average $0.33 per kilometre and are paid by the company. The automobile is available to Sheldon for eight months during the current year