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Nicoles employer, Poe Corporation, provides her with an automobile allowance of $52,000 every other year. Her marginal tax rate is 32 percent. Answer the following

Nicoles employer, Poe Corporation, provides her with an automobile allowance of $52,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit.

b. What is Poes after-tax cost of providing the auto allowance?

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