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part A is correct i need help with part B and please show the steps Che Required information Problem 12-38 (LO 12-3) The following information

part A is correct i need help with part B and please show the steps image text in transcribed
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Che Required information Problem 12-38 (LO 12-3) The following information applies to the questions displayed below.) Nicole's employer, Poe Corporation, provides her with an automobile allowance of $20,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit. Problem 12-38 Parta a. What is Nicole's after-tax benefit if she receives the allowance this year? After-tax benefit $ 13,600 Chei Required information Problem 12-38 (LO 12-3) The following information applies to the questions displayed below.) Nicole's employer, Poe Corporation, provides her with an automobile allowance of $20,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit. Problem 12-38 Part b b. What is Poe's after-tax cost of providing the auto allowance? After-tax cost

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