Question
Madaline is a government employee who is provided a car for commuting and other work-related purposes only. In the last calendar year, her commute is
Madaline is a government employee who is provided a car for commuting and other work-related purposes only. In the last calendar year, her commute is 24 miles each way and she worked 220 days. What is the amount of the company-car fringe benefit that will appear on her W-2? (Do not round intermediate calculations.)
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$15,840.00
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$10,560.00
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$12,450.00
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$7,920.00
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
