Karl is a talent recruiter for a professional sports team. As a highly compensated executive, the company has provided him with a vehicle for business and personal use. The personal use of the vehicle is valued at $7,200. He also receives a clothing allowance of $12,000, limited to executive level professionals. He is also granted access to all the games, valued at $30,000. All employees receive a 20% discount on tickets and sports merchandise. The amount of discounts Karl took advantage of during the year totaled $1,500. Calculate Karl's taxable fringe benefits.\