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Did you mean: Item 1 1 points eBookPrintReferencesCheck my work Check My . Work button is not enabled Item 1 Rowan M . is a

Did you mean: Item11 points eBookPrintReferencesCheck my work Check My. Work button is not enabled Item 1 Rowan M. is a sales employee of Carefree Pools and Spas, Incorplitated. In 2022, he was issued a company car with a fair market value of $35,000 and drove a total of 22,000 miles; used the car for 2,000 miles for personal use; and the employer paid for fuel, charging Rowan 5.5 cents per mile. Rowan's employer offers the option to use the cents-per-mile rule instead of the lease-value rule for 2022.(Use the following table for lease values.) Required: Which method will yield the lower gross income for Rowan? (Use 58.5 cents per mile in your calculations.) Note: Do not round intermediate calculations.
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