Jane is the Director and part owner of Truffles Pty Ltd (TPL), a private company which sources truffles in regional New South Wales to supply restaurants in the Sydney metropolitan region.

On 1 May 2022, TPL purchased a new car for Jane so that she could travel to meet truffle growers and to client premises in Sydney. The car cost $60,000 (GST inclusive) and was used predominantly for work purposes. However, Jane occasionally used the car on weekends to travel to her country farm house near Mudgee. TPL also installed a mobile phone holder in the car which cost $100. This enabled Jane to use the phone while driving.

Jane kept a log book and personally paid for running expenses of the car such as petrol and repairs. However, these were reimbursed by TPL. The particulars for the year regarding the car and for which invoices are retained:

Stamp duty $420

Registration & Insurance $1000

Petrol and oil $1,880

Repairs & Maintenance $700

Total kilometres travelled (as per log book) 40,000 km

Business kilometres travelled 32,000 km

Calculate Car fringe benefits under the FBTAA 1986. Please show full calculations with an explanation for each step.