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Answer the questions below using the following table: MOTOR CAPACITY VEHICLE ENGINE VALUE PER QUARTER Under 1,800cc 1,800cc and < 2,000cc 2,000cc and above

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Answer the questions below using the following table: MOTOR CAPACITY VEHICLE ENGINE VALUE PER QUARTER Under 1,800cc 1,800cc and < 2,000cc 2,000cc and above Irrespective of engine capacity, if the cost of the vehicle exceeds $100,000. $656 $778 $958 $958 plus 2.5% of the excess of the cost above $100,000. Employer provides a car with an engine capacity of 1,800cc to Employee costing $50,000. The car is provided wholly for personal use for whole of the first quarter in 2021 Employer provides a car with an engine capacity of 1,800cc to Employee costing $50,000. Employee uses the car 90% of the time for work purposes and 10% of the time for private purpose for whole of the first quarter in 2021. Employer provides a car with an engine capacity of 1,800cc to Employee costing $50,000. Employee uses the car 90% of the time for work purposes and 10% of the time for private purpose for third month of the first quarter in 2021. Required: Identify categories of Fringe Benefit provided to employee by the company Calculate Net Value of Fringe Benefit Calculate Fringe Benefit Taxable Amount Calculate Fringe Benefit Tax Complete the Fringe Benefit Tax Return form

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