Izumi Tanaka is employed by TSK Inc., a Canadian controlled private corporation. The

following information pertains to the tax year in question:

Izumi earned $$90,000$ from TSK$.$

A cash bonus of $$8,000$ was announced on December $3^{rd},$ to be paid to Izumi on January

${10}^{th}$ of the following year.

Izumi was provided with a company car for the entire year. The cost of the car $($including

taxes$)$ was $$40,000.$ All operating costs were paid by TSK$.$ Izumi drove the car $21,000$

kilometers in $2023.10,000$ kilometers were for personal use.

Izumi and TSK each contributed $$2,000$ towards Izumi's registered pension plan.

Izumi was presented with a watch from TSK$,$ valued at $$200,$ as a birthday gift.

TSK provided Izumi with a $$200$ cell phone to be used for business purposes.

In January, Izumi was granted a stock option to purchase $2000$ shares in TSK at a cost of

$$8\mathrm{.}00$ per share. At that time, the fair market value per share was $$9\mathrm{.}00.$ Izumi exercised the

option in February when the market value had risen to $$9\mathrm{.}50$ per share.

Izumi took a $$15,000$ low$-$interest loan from TSK on January $1^{st},$ with a $1\%$ interest rate.

The CRA's prescribed rate during the year was $3\%.$

TSK provided Izumi with a $$25$ meal allowance every week due to the two hours of

overtime that was required to work each Wednesday immediately following eight hours of

regular work.

An annual union due of $$850$ was deducted from Izumi's pay in $2023.$

For the purpose of calculating employment income, what is Izumi's: $1)$ standby

charge, $2)$ operating cost benefit, and $3)$ low interest loan benefit. Show work in the

space below.