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Mr. Tom is provided by a vehicle owned by his employer. Tom provides you with the following information: Months available: 9 Total km driven: 23,000

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Mr. Tom is provided by a vehicle owned by his employer. Tom provides you with the following information: Months available: 9 Total km driven: 23,000 Personal km driven: 8,000 Fair market value of vehicle: $14,500 Cost of vehicle: $30,000 The minimum standby charge arising from the employer owned vehicle for Mr.Tom in the currer year is: Select one: a. =30,00002%9 months (8,000/(1,667km9 months )) Mr. Tom is provided by a vehicle owned by his employer. Tom provides you with the following information: Months available: 9 Total km driven: 23,000 Personal km driven: 8,000 Fair market value of vehicle: $14,500 Cost of vehicle: $30,000 The minimum standby charge arising from the employer owned vehicle for Mr.Tom in the currer year is: Select one: a. =30,00002%9 months (8,000/(1,667km9 months ))

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