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

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

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