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Mr. Mark Farther is provided with a car that is leased by his employer. The monthly lease payments for 2023 are $600, including sales
Mr. Mark Farther is provided with a car that is leased by his employer. The monthly lease payments for 2023 are $600, including sales tax. During 2023, he drives the automobile a total of 25000 kilometers, of which 5000 are employment related. The automobile is available to him throughout the year. His employer paid a total of $7700 in operating costs. When he is not using the automobile, company policy requires that it be returned to their premises. Calculate Mr. Farther's 2023 standby charge for the use of this automobile. Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your Answer: 720 Answer 4
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