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Karima Ming works for Pristine Promotions in Nunavut and is provided with a company-leased automobile. The automobile was in Karima's possession for 365 days. Of
Karima Ming works for Pristine Promotions in Nunavut and is provided with a company-leased automobile. The automobile was in Karima's possession for 365 days. Of the 31,884 kilometres driven, 14,186 kilometres were for business purposes. The monthly lease cost of the vehicle was $425.60, excluding the GST calculated at 5%. Karima requested in writing that Pristine Promotions use the optional operating cost method if all the conditions apply. She did not reimburse the company for any of the expenses associated with the automobile. Calculate Karima's annual automobile taxable benefit
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