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Nick is given a company car from his employer. Details of the Vehicle and Nicks kilometers are provided below: 320 25 Nick's Employer Leases the

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Nick is given a company car from his employer. Details of the Vehicle and Nicks kilometers are provided below: 320 25 Nick's Employer Leases the vehicle at a monthly cost before sales tax of: Monthly sales tax on the lease is incurred of: It is given to Nick for use over the period of March 1st to December 31'st Nicks personal kilometers for the year: Nicks total kilometers for the year: The company does not pay for Nick's auto expenses 8000 20000 The minimum taxable benefit is to Nick for the year is: A) B) C) 1103.78 2300.00 3450.00 735.85

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