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Betty Bames is provided with an automobile by her employer. The cost of the automobile in 2017 was $35,000, not including GST. In 2020,
Betty Bames is provided with an automobile by her employer. The cost of the automobile in 2017 was $35,000, not including GST. In 2020, the fair market value of the vehicle was $23,000. During 2020, she drove the automobile a total of 26,000 kilometres; 14,000 were for employment related duties. The automobile was available to Mrs. Barnes from March to December and her employer deducted $50 a month from her pay for her personal use. Mrs. Barnes 2020 stand-by charge is: $6,349 $5,291 $3,311 $5,039 Question 9 (1 point) Mrs. Barnes 2020 operating cost benefit is: $2,520 $1,656 $2,645 $3,360 The total taxable benefit included on Mrs. Bames 2020 T4 regarding his use of the vehicle was $4,467 $7,059 $7,436 $3,246
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