Nicoles employer, Poe Corporation, provides her with an automobile allowance of $36,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit.

a. What is Nicoles after-tax benefit if she receives the allowance this year?

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

Required information Problem 12-38 (LO 12-3) (Algo) [The following information applies to the questions displayed below) Nicole's employer, Poe Corporation provides her with an automobile allowance of $36.000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit Problem 12-38 Part a (Algo) a. What is Nicole's after-tax benefit if she receives the allowance this year? After benefit $ 11520 Required information Problem 12-38 (LO 12-3) (Algo) [The following information applies to the questions displayed below! Nicole's employer, Poe Corporation provides her with an automobile allowance of $36.000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit Problem 12-38 Part b (Algo) b. What is Poe's after-tax cost of providing the auto allowance? Answer is complete but not entirely correct. Aller-tax cost $ 24,480