Mandeep's employer is considering providing him with a car for both personal and employment use. Mandeep is being asked to choose between a car that the employer would purchase or a car that would be leased by the employer. The following information is provided with respect to the car for 2021: Cost of car to employer (including all sales taxes) if purchased Monthly lease payments if car is leased (including all sales taxes) Date available Total kilometres driven in the year with car Employment kilometres driven in the year with car Gas costs paid by employer $ 40,000 $ 900 January 1, 2021 20,000 km 12,000 km $ Mandeep wants your advice in order to determine which option would result in the lowest amount of taxable benefit to be included in his income. Required: 2,400 a) Calculate the amount of taxable benefit to be included in Mandeep's income under both options. b) Provide a recommendation explaining which option results in the lowest amount of taxable benefit to be included in his income